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Greenlane Renewables Inc T.GRN

Alternate Symbol(s):  GRNWF

Greenlane Renewables Inc. is a Canada-based company, which provides biogas upgrading systems. Its systems produce clean, renewable natural gas from organic-waste sources including landfills, wastewater treatment plants, dairy farms, and food waste, suitable for either injection into the natural gas grid or for direct use as commercial vehicle fuel. The biogas upgrading systems, marketed and sold by the Company under the Greenlane Renewables brand, remove impurities and separate carbon dioxide from bio methane in the raw biogas created from the anaerobic decomposition of organic waste at landfills, wastewater treatment plants, farms, food waste streams, and other feedstock sources. It is deploying the three main upgrading technologies: water wash, pressure swing adsorption, and membrane separation, plus biogas desulfurization technology. It has delivered over 140 biogas upgrading systems into 19 countries, including some of the renewable natural gas production facilities in the world.


TSX:GRN - Post by User

Comment by DDT980on Nov 10, 2023 11:19am
313 Views
Post# 35728462

RE:Q3 out

RE:Q3 outSadly the value of trapped and utilized GHG is far to low to make RNG projects economical. The operating costs of these projects are high and complicated. Equipment suppliers like GRN will struggle to meet the demands for lower capital costs. The cost of emitting emitting CO2 and Methane (80 times more intemse over 20 years) will likely be rolled back or delayed in Canada. In the US it is essentially zero. As well GHG emissions and action to mitigate the climate crisis have taken a back seat to many other serious isuues around the world, Companies like Enbridge and Chevron will likely continue to put $ into RNG but mainly as a part oftheir promotional effortsto show a "committment" to GHG reduction. 
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