Zero Carbon Solution Achieved: Parametric Solutions Enters i

Zero Carbon Solution Achieved: Parametric Solutions Enters into Agreement with Natural Resources Canada for Practical, Low-Cost Technology to Decarbonize Existing Power Plants


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JUPITER, Fla., May 3, 2021 /PRNewswire/ -- Leading aerospace and power-generation engineering firm, Parametric Solutions announced it had entered into a Global License Agreement with Canada's equivalent to the US Department of Energy, Natural Resources Canada to commercialize a new low-cost, proprietary and patented G2 technology platform that 100% decarbonizes existing industrial, business and consumer electricity power generation sectors. New power plants and new mobile plants constructed in the future will also benefit from the decarbonization technology. Essentially eradicating the largest single obstacle to achieving global net zero emissions.
"Even with continued increase of green energy for many years to come," said Joel Haas, CEO of Parametric Solutions. "It is extremely unrealistic – some would say utter insanity – not to anticipate that the current global level of fossil fuel electricity power generation will still be needed for the foreseeable future to meet the ever-increasing overall global demand for 24/7 affordable electricity."

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