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Thermal Energy International Inc V.TMG

Alternate Symbol(s):  TMGEF

Thermal Energy International Inc. provides energy efficiency and emissions reduction solutions to the fortune 500 and other multinational companies. It operates primarily in North America and Europe but also sells its products and services through representative agents throughout the rest of the world. It markets, sells, engineers, fabricates, constructs, installs and supports two technology lines, such as heat recovery solutions, including direct contact heat recovery solutions (FLU-ACE), indirect contact heat recovery solutions (HEATSPONGE and SIDEKICK), and condensate return system solutions (GEMTM steam traps). It is also developing several other technology lines, including low temperature biomass drying systems (DRY-REX). Its solutions can recover up to 80% of energy lost in typical boiler plant and steam system operations. It has two primary operational bases of operation, one in Ottawa, Canada and the other in Bristol, United Kingdom, covering Europe and the rest of the world.


TSXV:TMG - Post by User

Comment by mart2on Apr 25, 2007 8:10am
74 Views
Post# 12669701

RE: Leaked Conservative Environment Plan...

RE: Leaked Conservative Environment Plan... "Companies that have cut their greenhouse gas emissions prior to 2006 will also be rewarded with a one-time credit for early action." I like the idea of these credits, but in particular the words "for early action" at the end. I don't know to which extent this will impact Thermal, but the many companies were interested to know if their "early investments" would be considered for the calculation of credits. This will remove the uncertainty. The "canadian pulp & paper" industry already formally presented a request to the canadian government, rushing the governmnet to let their environmental policy as quickly as possible, including its position about the credits for "early investments". Now, they know, they don't have any reason to wait longer if that was the reason. Mart
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