Zefiro Methane Corp. is tackling the environmental crisis of abandoned oil and gas wells by plugging them and selling carbon credits, generating revenue while mitigating methane emissions and cleaning up the environment. This innovative approach has led to impressive financial results and positioned Zefiro as a key player in the growing carbon offset market.
Results for: Environmental Remediation
The Northwest Territories government has criticized Paramount Resources Ltd.’s remediation efforts following a spill at the Pointed Mountain Surge Pond in June 2022. The spill involved 4,000 cubic meters of fluids and the government has expressed concerns about the company’s use of emergency measures as a long-term solution. The company has also been accused of violating the Waters Act in 2018 and is now facing a lawsuit from the Acho Dene Koe First Nation for allegedly not honoring community benefit agreements.
BacTech Environmental Corp. welcomes Carolina Orozco, President of the Board of Directors of the Mining Chamber of Ecuador, to its Board. Orozco brings expertise in environmental engineering, law, and mining industry participation. BacTech’s bioleaching process utilizes naturally occurring bacteria to extract precious and base metals, promoting environmental sustainability. The company’s expanded ‘zero-waste’ patent covers the recovery of metals, fertilizer, and iron from mine tailings, offering significant potential in regions like Sudbury, Ontario.
The Bayview-Hunters Point neighborhood in San Francisco is undergoing a remarkable transformation, turning a once-toxic area into a thriving community space. Led by the San Francisco Recreation and Parks Department, the project is restoring a “Brownfield site” into a waterfront destination with affordable housing, recreational facilities, and a farmers market. The project was initiated with grants from the U.S. Environmental Protection Agency and has attracted additional funding from state agencies and bond funds.