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Progressive Planet Solutions Inc V.PLAN

Alternate Symbol(s):  ASHXF

Progressive Planet Solutions Inc. is a Canada-based manufacturing company. The Company is focused on developing critical low-carbon and carbon sequestering solutions using its owned mineral assets and recycled materials to create planet-friendly products, which are being developed at its C-Quester Centre of Sustainable Solutions for the cement, agricultural and animal care industries. The Company’s product lines include patented and patent pending products which are developed using naturally occurring minerals and the urban mining of recycled materials. Its products are available in over 10,000 retail stores across North America. It focuses on reducing the carbon footprint of the global cement industry by developing sustainable alternatives to traditional cement. Its mineral based products include Activated Barn Fresh, Can Blast Abrasives, CAN DRY, Fresh Coop Odour Control and Red Lake Earth, among others. Its operating mines include Red Lake Mine and Bud Bentonite Clay Mine.


TSXV:PLAN - Post by User

Post by phantom666on Mar 29, 2024 4:28pm
127 Views
Post# 35960495

Time For OUR Feds To Restart Funding Amid The SDTC Scandal

Time For OUR Feds To Restart Funding Amid The SDTC Scandal

Biden administration invests $6 billion in low-carbon industrial production


The Joe Biden administration is using public policy to boost the supply of and demand for clean energy. On Monday, the Department of Energy announced $6 billion from the Inflation Reduction Act and Bipartisan Infrastructure Law to fund several dozen projects meant to help decarbonize the industrial sector and reduce the cost of environmentally friendly manufacturing. 

That includes the production of iron, steel and cement; food and beverages; and glass, paper and chemicals. The DOE emphasized that these industries generate a lot of emissions and are hard to decarbonize.

Making cement, steel and glass requires a ton of energy. Normally, much of that energy comes from fossil fuels. But Joe Shapiro, an environmental economist at the University of California, Berkeley, said that’s not the only reason these industries generate a lot of carbon emissions. 

Take cement. “Cement is basically cooked limestone mixed with some other materials. And this is a little bit nerdy, but the chemical formula for limestone is CaCO. And you notice that ‘C’ in the middle? That’s carbon,” Shapiro said.
He said when you heat limestone to make cement, that carbon is released into the atmosphere.
“Around half of the greenhouse gas emissions from manufacturing cement are from the carbon built into limestone, and not from energy or burning fossil fuels,” he said.

So even if you were able to transition fully to using renewable energy to make cement, “you would still have a lot of greenhouse gas emissions because that carbon is built into the limestone,” Shapiro said.

Some of the projects the Department of Energy is funding are focused on making cement with something other than limestone. And new ways to make steel, too, without coal.

“It really is redesigning an industrial process,” said Steven Nadel at the American Council for an Energy-Efficient Economy. That’s challenging, he said, but critical for the environment and the economy.

 

“About a quarter of U.S. carbon dioxide emissions come from industry, whether it’s cement and concrete, chemicals, aluminum, steel,” he said.

Realistically, said Barbara Kates-Garnick of the Fletcher School at Tufts University, private industries aren’t going to invest enough in decarbonizing on their own.

“They see huge risks, they see huge investment,” Kates-Garnick said. “You need to have government funding in all of this.”

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