Thursday, January 2, 2014

Good for Midwest Energy Emissions Corp. (MEEC), Good for the World

Midwest Energy Emissions has developed and commercialized a patented technology considered to be the best-in-class solution for a major recognized global problem – mercury pollution from coal-fired power plants. It is a timely offering, designed to achieve and maintain compliance with highly restrictive new EPA requirements on mercury emissions, requirements backed up on a global scale by the Minamata Convention, signed by 93 countries, including the U.S., which targets worldwide mercury emissions.

For Midwest, it represents what is a rare opportunity in the world of business: a government supported global scale push targeting a problem for which it has the best solution. The company has a strong patent portfolio across multiple technologies, covering the U.S., Europe, Canada, and China, with a market strategy involving a multi-year, recurring revenue contract model. They are looking at a multi-billion dollar annual market, commencing in 2015 in the U.S. when new regulations are to take effect. At that time, all U.S. based coal and oil fired electric power plants of 25 megawatts or higher are to reduce mercury emissions by approximately 90%. It should be noted that 31 states currently have no mercury removal requirements at all. As a result, the new regulations will affect some 1,400 units around the country. Canada, Europe, and China are expected to be large opportunities for mercury removal in coming years.

For the world’s environment, it represents a superior and long overdue method of addressing a serious source of pollution. America’s coal burning power plants are known to release millions of pounds of toxic pollutants, including mercury, into the air every year. China and developing nations often look to coal as the cheapest power source for fast industrial growth. In the case of mercury, it ultimately finds its way into the ground water and ocean, where it locks into the food chain. Mercury is a potent neurotoxin, especially harmful to developing fetuses and young children.

For more information on Midwest Energy Emissions, visit www.MidwestEmissions.com

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