Karbon-X Corp Retires 27 Tonnes of CO2 in the Name of ATCO Two Rivers From Snow Removal Activites in Northeast British Columbia

Rhea-AI Summary

Karbon-X Corp (OTC PINK:KARX) has successfully offset 27 tonnes of CO2 emissions linked to snow removal activities through high-quality Verra VCU carbon offsets, retired on behalf of ATCO Two Rivers Camp Services LTD. The snow removal was conducted by ACL Construction in Fort St John, BC. In a strategic move, Karbon-X announced the planting of Dipteryx Alata Baru Nut trees as part of a sustainable charcoal project leveraging biomass. CEO Chad Clovis emphasized the commitment of ACL Construction to environmental stewardship, highlighting their efforts in reducing emissions and promoting sustainability. The company aims to drive the green economy by selling carbon credits and supporting projects that generate these credits.

Positive

• Offsetting 27 tonnes of CO2 emissions through Verra VCU carbon offsets.
• Establishing a sustainable charcoal project using biomass from Dipteryx Alata Baru Nut trees.
• Strategic partnerships with ACL Construction and ATCO supporting emission reduction initiatives.

Negative

• None.

CASTLEGAR, BC / ACCESSWIRE / April 17, 2023 / Karbon-X Corp (OTC PINK:KARX) an innovative carbon marketing and project development company, announced today that the Company has offset 27 tonnes of CO2 emissions from snow removal activities with high quality Verra VCU carbon offsets. These offsets were retired in the name of ATCO Two Rivers Camp Services LTD with the snow removal work being completed by ACL Construction in Fort St John. has opened a the planting of Dipteryx Alata Baru Nut trees, to the development of a sustainable charcoal project using the waste bio-mass from the Dipteryx Alata Baru Nut trees as the medium to create sustainable charcoal through Karbon-X existing partnership with SCS and 4everforest in Bolivia.

"ACL Construction out of Fort St John British Columbia is a leader in the civil earthworks space, they realized early on that reducing the emissions being created from business activities was an important tool that not only reduced the CO2 footprint of the company but allowed the business to stage itself as an environmental leader." said Karbon-X CEO Chad Clovis. "ACL is leading the pack in voluntary environmental stewardship; they don't have to do this but feel it's their responsibility and with clients such as ATCO getting on board with the reduction plans it shows the way industry is shifting."

Thomas Hall President of ACL commented. "We are committed to reducing our carbon footprint through using energy efficient equipment, reducing our waste, using carbon offsets from verified projects and using new environmental criteria when we select suppliers. ACL will also enable our customers to reduce their environmental footprint through use of our services." John McPherson, Vice President at ACL Construction added: "ACL is proud to have clients such as ATCO support our company's emission reduction targets reducing through our systems."

About Karbon-X Corp
Karbon-X is a tech-based carbon marketing company specializing in selling carbon credits direct to business or through an owned APP to the everyday person while investing in projects that have the potential to generate carbon credits and supplies in an online social media community to encourage change and growth of the green economy.

On behalf of Karbon-X Corp

For more information, visit http://www.karbon-x.com or contact:
Chad Clovis
cc@karbon-x.com
+1-250-608-5435

For investor information, please contact:
Marita Dautel
Executive Vice President
md@karbon-x.com
+1-250-608-4805

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION.

Forward-Looking Statements:
This press release contains "forward-looking information" within the meaning of applicable securities laws in Canada or the United States ("forward-looking information"). Forward-looking information may relate to the Company's future outlook and anticipated events, plans or results, and may include information regarding the Company's objectives, goals, strategies, future revenue or performance and capital expenditures, and other information that is not historical information. Forward-looking information can often be identified by the use of terminology such as "believe," "anticipate," "plan," "expect," "pending," "in process," "intend," "estimate," "project," "may," "will," "should," "would," "could," "can," the negatives thereof, variations thereon and similar expressions. The forward-looking information contained in this press release is based on the Company's opinions, estimates and assumptions in light of management's experience and perception of historical trends, current conditions and expected future developments, as well as other factors that management currently believes are appropriate and reasonable in the circumstances.

SOURCE: Karbon-X Project Inc.

View source version on accesswire.com:
https://www.accesswire.com/749346/Karbon-X-Corp-Retires-27-Tonnes-of-CO2-in-the-Name-of-ATCO-Two-Rivers-From-Snow-Removal-Activites-in-Northeast-British-Columbia

FAQ

What is the latest carbon offset achievement by Karbon-X Corp (KARX)?

Karbon-X Corp has offset 27 tonnes of CO2 emissions from snow removal activities through high-quality Verra VCU carbon offsets.

What project did Karbon-X Corp start involving Dipteryx Alata Baru Nut trees?

Karbon-X initiated a sustainable charcoal project using biomass from Dipteryx Alata Baru Nut trees.

Who retired the carbon offsets for Karbon-X's CO2 emissions?

The carbon offsets were retired in the name of ATCO Two Rivers Camp Services LTD.

How does Karbon-X Corp (KARX) contribute to the green economy?

Karbon-X contributes by selling carbon credits and investing in projects that generate these credits.