Carbon credits If the refinery was in Canada 725,000 tonnes would be worth $36 mil/yr at $50/tonne and $123 mil/yr at $170/tonne. What can co. expect to receive with refinery in Texas?
"...the Company believes that the USGC Facility could reduce GHG equivalent emissions by up to 725,000 tonnes per year, versus the burning or disposal of UMO. The Company may receive voluntary GHG credits sold via the American Carbon Registry and may generate additional annual revenues for the sale of these credits."