Point Roberts, Washington and Delta, British Columbia--(Newsfile Corp. - August 17, 2020) - Investorideas.com, a global news source and leading investor resource covering cleantech and renewable energy stocks (Renewableenergystocks.com) issue a sector snapshot discussing how Covid-19 is reshaping and accelerating green energy adoption, featuring dynaCERT Inc. (TSX: DYA) (OTCQX: DYFSF) (FSE: DMJ).
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According to Lux Research, "Despite the dramatic consequences COVID-19 is having on the global economy, we predict the energy transition will be accelerated by several years. Trillions of dollars are expected to flow through economic relief packages into the deployment of low- and zero-carbon infrastructure as well as research and development into technologies that enable it."
Putting their money where their mouth is, is a company dramatically impacted by Covid-19. Delta Air Lines is committing $1 billion over the next 10 years on its journey to mitigate all emissions from its global business going forward. The airline will invest in driving innovation, advancing clean air travel technologies, accelerating the reduction of carbon emissions and waste, and establishing new projects to mitigate the balance of emissions.
dynaCERT Inc. (TSX: DYA) (OTCQX: DYFSF) (FSE: DMJ), a Canadian cleantech company that manufactures and distributes Carbon Emission Reduction Technology for use with internal combustion engines, announced that it received the Smart Sustainable Company Rating Seal based on the results of the rigorous analysis of Triple-A Analytics GmbH of Austria ("Triple-A").
From the news: This honourable distinction of dynaCERT and our HydraGEN™ Technology as it applies to the United Nations Sustainable Development Goals as well as United Nations Global Compact Principals has been evaluated as "high", the highest global ranking in its category.
Continued: In dynaCERT's Triple-A Smart Sustainable Company Evaluation, Triple-A reports that the United Nations Sustainable Development Goals and the Paris Climate Accord form the world's strongest common agenda for achieving peace and prosperity on a healthy earth.
With over sixteen years of research and development behind their technology and sixty dollars invested in it, dynaCERT is committed to its carbon emission reduction technology and a long term plan for a green economy.
dynaCERT recently reported that during the imposed Covid-19 shutdown their company was moving quickly behind the scenes improving production facilities at their plant, advancing research and development, and preparing for increased demand for their HydraGEN™ Technology.
Unlike most companies, they also reported, "The Company has re-emerged from the global COVID-19 economic slowdown with a cleaner and stronger balance sheet."
Their patented HydraGEN™ Technology creates hydrogen and oxygen on-demand through a unique electrolysis system and supplies these gases through the air intake of internal combustion engines to enhance combustion, resulting in lower carbon emissions and greater fuel efficiency, intake to enhance combustion.
dynaCERT is also transforming the trucking industry with its HydraLytica™ telematics data monitoring software that monitors fuel efficiency and carbon emission reductions.
So what does the future look like? You know the energy world is changing when oil and gas giant BP makes a commitment to be net zero. "Our ambition is to be a net zero company by 2050 or sooner. And to help the world get to net zero. This will mean tackling around 415 million tonnes of emissions - 55 million from our operations and 360 million tonnes from the carbon content of our upstream oil and gas production. Importantly these are absolute reductions, to net zero, which is what the world needs most of all. We are also aiming to cut the carbon intensity of the products we sell by 50% by 2050 or sooner."
Forbes reported in an article, 'Canada's Clean Energy Sector Can Help Drive Economic Recovery From COVID-19': "For Canada, these structural economic changes will have significant implications because the oil and gas sector plays a vital role in the national economy and accounts for 5.6% of nominal GDP. However, given oil's future outlook and negative externalities associated with consuming fossil fuels, the Canadian government needs to structurally steer the economy away from its carbon-intensive energy sector and take the opportunity to push for a green recovery from Covid-19's economic crisis. Even during the economic downturn, we see the resilience of the clean energy sector compared with other energy sources. The International Energy Agency (IEA)'s World Energy Investment 2020 report highlighted that renewables would be the only energy source likely to experience demand growth for the rest of 2020. Alongside this, in the United States, the Energy Information Administration (EIA) expects renewables to surpass coal's share of power generation for the first time this year."
For companies like dynaCERT Inc. (TSX: DYA) (OTCQX: DYFSF) (FSE: DMJ) that have spent years of commitment to creating a reduced co2 emission economy, it's about time and it's very much their moment in time!
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