Canfor Pulp, PCT strike forest carbon offset deal (August 01, 2010)
August 1, 2010 By Pulp & Paper Canada
VICTORIA — Canfor Pulp Limited Partnership has signed a letter of intent with Pacific Carbon Trust for a multi-year deal to sell carbon offsets related to emission reductions at the Northwood pulp mi…
VICTORIA — Canfor Pulp Limited Partnership has signed a letter of intent with Pacific Carbon Trust for a multi-year deal to sell carbon offsets related to emission reductions at the Northwood pulp mill in Prince George, B.C. The emission reduction project will generate up to 80,000 tonnes in CO2e reductions, announced PCT CEO Scott MacDonald.
The aggregated emission-reduction project at Northwood has three component sub-projects. One is the installation of a side stream scrubber which allows the mill to achieve higher biomass-fuel-burn rates, supporting a reduction in the burning of natural gas.
Also, equipment improvements to the biomass delivery systems will reduce the need to supplement the fuel supply with natural gas, resulting in reduced green-house-gas emissions.
In addition, major upgrades to the recovery boiler will increase mill pulp pro-duction, improve combustion efficiency, increase internal electricity generation, and reduce steam requirements from the mill’s power boilers.
Collectively, these improvements will also significantly reduce sulphur and particulate emissions.
Under the agreement, Pacific Carbon Trust will purchase all third-party-verified offsets originating from the project from 2010 to 2012, with future pur-chases dependent on the parameters of any cap and trade systems developed at the regional or national levels.
Pacific Carbon Trust is a Crown corporation established in 2008 to deliver B.C.-based greenhouse gas offsets.
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