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Alkane Thread With Charts
THE BUG - Fri, 30 Dec 05 :
An investment incentive
In support of this important move by companies and individuals, Alkane Energy has set up a unique new scheme for investors to calculate the notional carbon credits attached to owning Alkane shares. A typical family of four, owning two cars, would emit approximately 10 tonnes of carbon dioxide - this could be mitigated by owning 2,300 shares in Alkane. This calculation is worked out on the basis that in 2005 there were 92 million Alkane shares in issue and the company saves around 400,000* tonnes of CO2 per year by capturing methane and turning it into green energy.
Using these figures, the carbon dioxide emissions saved would be 4.3 kilos per share per year. An investor with a 5% stake in Alkane would be entitled to value its contribution to reducing climate change at the equivalent of 20,000 tonnes of CO2. This would balance yearly emissions from 7,400 vehicles or allow a tour operator to mitigate around 8,000 return flights from Heathrow to Los Angeles and still claim to be operating in a Carbon Friendly manner.
* The climate change mitigation effect will increase proportionately as Alkane increases its electricity generating capacity fuelled by methane emissions.
With my holding, I will keep the xmas tree lights on during the day, put the fridge indoors(not outside in the snow) and allow the kids to dry the cat in the tumble dryer(not outside on the washing line) ;-)
Its great being so green! Plus hopefully a very good return in the process.
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