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Asia’s First Carbon Neutral Real Estate Company |
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Continuing Treasury’s commitment to eco-friendly policies and long-term sustainability to its global business, the China operations of Treasury Holdings have been awarded the title of ”Asia’s First CarbonNeutral® Real Estate Company” by the CarbonNeutral Company, a world-leading carbon offset and carbon management business.
The carbon offset has been achieved through the calculated investment in three renewable energy projects, namely a Hydropower Generation Project in Guizhou, a Gold-Standard Wind Farm Power Generation Projects in Damao, and a Landfill Gas Recovery Power Generation Project in Fujian Province.
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Fujian Landfill Project
This project captures methane from a landfill and uses it to generate
clean electricity in China. Methane is 25 times more potent than CO2
as a global warming gas. The total reductions achieved between
2007 and 2008 are 60,000 tCO2 equivalent, verified and certified to
the Voluntary Carbon Standard.
Technology partner
Fujian Tianyi Renewable Energy Technology & Utilisation Co. Ltd.
Country
China
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Damao Wind Power Project
This project generates clean energy from 40 new wind
turbines in China. The total emission reductions are
estimated to be 100,000 tCO2 equivalent, verifi ed to the
Gold Standard.
Technology partner
Honiton Energy (Baotou) Co. Ltd.
Country
China |
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Guizhou Hydro Power Project
This project sees the construction of small and medium hydro
power stations in Guizhou Province, southwest China. The project
will displace electricity generated by fossil fuel power plants
and generate emission reductions of an estimated 190,000 tCO2
equivalent between 2005 and 2007, verified and certified to the
Voluntary Carbon Standard.
Technology partner
ClimateBridge
Country
China
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