DynaMotive Positions Itself to Trade Green House Gas Emissions Credits

ARCHIVED 2002–2016: Originally distributed via the eWire press wire service. Preserved as historical record.

SUBSCRIBE/UNSUBSCRIBE |

Conservation & Wildlife

Corporate Responsibility

Science & Technology

Syndication Partners

**************************************************************************

E-WIRE PRESS RELEASE E-WIRE PRESS RELEASE E-WIRE PRESS RELEASE

**************************************************************************

FOR IMMEDIATE RELEASE

DynaMotive Positions Itself to Trade Green House Gas Emissions Credits

CANADA, BRITISH COLUMBIA, VANCOUVER, Jan. 16 -/E-Wire/-- DynaMotive Energy Systems Corporation (OTCBB: DYMTF) announced today that it was moving into the greenhouse gas emission mitigation market via its portfolio of project developments with clients worldwide. Working with EcoSecurities Ltd. â recently voted the leading greenhouse gas advisory firm by Environmental Finance magazine â DynaMotive can now offer its clients a series of specific services to quantify, manage, finance and transact the environmental benefits that accrue from the utilization of DynaMotive technology.

Noting BC Hydro's recent request for 5.5 million tonnes of CO2 reduction from now until 2010, a $100 million dollar plus tender for emission reductions from the Dutch government and the closing of the first round of the $150 million World Bank Prototype Carbon Fund, DynaMotive President and CEO Andrew Kingston said, "As 2002 opens, it is apparent that environmental markets are no longer theoretical but real. DynaMotive's ecologically friendly technology is poised to take advantage of them. Our key development markets - Canada, US, the UK and Brazil, are all highly sympathetic to this trend and it is incumbent upon DynaMotive to be at the leading edge of these developments on behalf of our growing client base. Working with EcoSecurities, DynaMotive is already in advanced discussions on transacting GHG credits from two of its projects in development and we believe that this will be an integral part of our project finance process for years to come"

EcoSecurities Director, Marc Stuart, commented, "The GHG emission market that EcoSecurities operates within is reaching a new and exciting stage and we are very pleased to be working with DynaMotive to make greenhouse gas trading a core competency within the project finance process for the Company".

Emissions reduction is an important co-product of DynaMotive patented pyrolysis process. A typical 200 tpd pyrolysis plant will annually produce approximately the equivalent of 140,000 bbls of crude oil with an estimated market value of $ 2,700,000. Assuming the BioOil energy is used in a region utilizing natural gas, such a plant will also annually generate approximately 40,000 tons of CO2e (carbon dioxide equivalents) emission reductions with a current market value range of $ 100,000 to $ 200,000. Substantially more CO2e reductions are generated if the BioOil displaces diesel, bunker oil or coal. There are also very significant reductions in other pollutants such as NOx, SOx and in particular, some of which may also have transactable value as well in certain jurisdictions.

DynaMotive is an energy systems company that is focused in the development of innovative energy solutions based on its patented pyrolysis system. Through the application of its technology and know how, DynaMotive intends to tap into abundant organic resources that are generally discarded by the agricultural and forest industries at a cost and convert them into a renewable and environmentally friendly fuel. Examples include forestry residues such as wood bark and agricultural residues such as sugar cane bagasse. DynaMotive has successfully converted each of these residues into BioOil and char making them a renewable and environmentally friendly oil and char reserve that is available world-wide.

To provide competitively priced renewable energy solutions, DynaMotive has entered into cooperation agreements with leading engineering and turbine manufacturing firms. Through these agreements, DynaMotive has gained the capacity to provide innovative integrated Waste-to-Power and Heat solutions to residue intensive industries, remote from electricity grid locations and economies that are heavily reliant on fuel imports. DynaMotive expects to commission and generate revenues from its first integrated power project in 2002.

Forward Looking Statement Statements in this news release concerning the company's business outlook or future economic performance; anticipated profitability, revenues, expenses, or other financial items; and statements concerning assumptions made or expectations as to any future events, conditions, performance or other matters, are "forward-looking statements" as that term is defined under the Federal Securities Laws. Forward-looking statements are subject to risks, uncertainties and other factors which could cause actual results to differ materially from those stored in such statements. Such risks, uncertainties and factors include, but are not limited to, changes and delays in product development plans and schedules, customer acceptance of new products, changes in pricing or other actions by competitors, patents owned by the Company and its competitors, and general economic conditions, as well as other risks detailed in the Company's filings with the Securities and Exchange Commission.

DynaMotive Energy Systems Corporation

http://www.DynaMotive.com

**************************************************************************

To Transmit Your News Over E-Wire, visit http://www.ewire.com or

call 1-[REDACTED-PHONE]. E-Wire Is Broadcast To Millions Of Readers Worldwide

**************************************************************************