SusGlobal(R) Announces Additional Sales of Carbon Credits and Verrs Generated from Its Belleville Composting Offset Project

Core Insights - SusGlobal Energy Corp. has sold an additional 1,500 Verified Emission Reductions and Removals (VERRs), bringing the total to 59,802 VERRs sold as part of its Anew™ SusGlobal Belleville Composting Offset Project in Ontario [1][5] Company Overview - SusGlobal Energy Corp. is focused on environmental and renewable solutions, particularly in the circular economy, and aims to monetize its carbon credits to generate revenue [5][8] - The company operates a 49-acre Organic & Non-Hazardous Waste Processing & Composting Facility in Belleville, Ontario, developed in collaboration with Anew Climate, LLC [2][8] Regulatory Environment - Ontario is implementing a food and organic waste disposal ban under the Environmental Protection Act, which prohibits the disposal of such waste in landfills, creating new opportunities for resource recovery and waste reduction [6] - This regulatory change is expected to drive investment in resource recovery systems, create jobs, and support innovation, benefiting SusGlobal's infrastructure and capabilities [6] Market Dynamics - The demand for composting facilities is increasing as municipalities seek to divert organic waste from landfills, which aligns with SusGlobal's initiatives to expand composting efforts across North America [5][6] - The revenue generated from carbon credits is anticipated to support technological advancements in waste management and composting [5]