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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

Post by stockpickmanon Jun 06, 2024 10:09am
132 Views
Post# 36075062

Climate hell

Climate hellThis posted on the weather network.....with news reports like this, energy efficiency companies like TMG will be bursting at the seems with business, hopefully way sooner than later....TMG will be doing very well regardless

World hits streak of record temperatures as UN warns of "climate hell"

BRUSSELS/GENEVA (Reuters) - Each of the past 12 months ranked as the warmest on record in year-on-year comparisons, the EU's climate change monitoring service said on Wednesday, as U.N. Secretary-General Antnio Guterres called for urgent action to avert "climate hell".

The average global temperature for the 12-month period to the end of May was 1.63 degrees Celsius (2.9 degrees Fahrenheit) above the pre-industrial average - making it the warmest such period since record-keeping began in 1940, the Copernicus Climate Change Service said.

This 12-month average does not mean that the world has yet surpassed the 1.5 C (2.7 F) global warming threshold, which describes a temperature average over decades, beyond which scientists warn of more extreme and irreversible impacts.

With time running out to reverse course, Guterres urged a 30% cut in global fossil fuel production and use by 2030.

"We need an exit ramp off the highway to climate hell," he said, adding: "The battle for 1.5 degrees will be won or lost in the 2020s."

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