businesspress24.com - BluForest Inc.: Anticipates New Technology to Measure Carbon Emissions Will Expand the Carbon Offset
 

BluForest Inc.: Anticipates New Technology to Measure Carbon Emissions Will Expand the Carbon Offsets Trading Market

ID: 1251603

(firmenpresse) - QUITO, ECUADOR -- (Marketwired) -- 08/05/13 -- BluForest Inc. (OTCBB: BLUF) (OTCQB: BLUF) ("BluForest" or the "Company"), a development stage company that is a publically traded carbon offsets marketing and renewable energy company, is anticipating new technology. The technology named "Hestia" after the Greek goddess of the hearth and home will expand the carbon offsets trading market.

Arizona State University scientists have developed new software that indicates it can accurately measure greenhouse gas emissions down to individual buildings and streets. The system, introduced in an article published October 9, 2012 in Environmental Science and Technology combines information from public databases with simulations and energy consumption models. The researchers believe it could help identify the most effective places to cut emissions. It is believed it could aid international efforts to verify reductions in carbon.

Details of the new system are published in the journal and according to the scientists from Arizona State University this new measuring system Hestia would enable the entire Nation to have one method of measuring carbon dioxide and other greenhouse gases at national level.

Dr Kevin Gurney, one of the leaders of the project states that "We can go to any city in the US and do the quantification and we know it will be utterly consistent from city to city and consistent from city all the way up to national level... You realise how large a source electricity production is. It tends to swamp the signal in cities. And things like traffic jams and slow downs in traffic, that's what really hits you," said Dr Gurney.

The scientists behind the system state that Hestia can be extremely useful for cities, helping them to target where to make emissions cuts. Once those cuts have been made, the system can verify their effect. Verification is also a hugely contentious issue at international negotiations on a global climate treaty.





. BluForest Inc. is a development stage company that is a publically traded carbon offsets marketing and renewable energy company. BLUF is executing its strategy to become a leading marketer of carbon offsets in the voluntary markets under the UN principle of Reducing Emissions from Deforestation and forest Degradation (REDD+). The BluForest website provides further information about the company which prospective investors are encouraged to visit.

Statements contained herein that are not historical facts are forward-looking statements within the meaning of the Securities Act of 1933, as amended. Those statements include statements regarding the intent, belief or current expectations of the company and its management. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, the company's ability to obtain additional financing and the demand for the company's products. Any investment in the company would be extremely speculative and involve a high degree of risk and should not be pursued unless the investor could afford to lose their entire investment. Before investing, please review this filing, all past public filings with the SEC, all current Pinksheets.com filings and consult a registered broker dealer or contact the financial industry regulatory authority ("FINRA") for more information regarding locating a qualified party to assist in making an investment decision. The company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the company's expectations with regard to these forward-looking statements or the occurrence of unanticipated events. Factors that may impact the company's success are more fully disclosed in the company's most recent public filings with the U.S. Securities and Exchange Commission. Forward-looking statements are typically identified by the use of terms such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "might," "plan," "predict," "project," "should," "will," and similar words, although some forward-looking statements are expressed differently. Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.



On behalf of the Board of BluForest Inc.
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Company phone number: 1-855-509-5508


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Bereitgestellt von Benutzer: Marketwired
Datum: 05.08.2013 - 06:00 Uhr
Sprache: Deutsch
News-ID 1251603
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