ECO2 Forests Inc. (US Stock Symbol: ECOF) is the first sustainable forestry company to be accepted into the International Green Energy Council.
"The International Green Energy Council is excited and to welcome ECO2 Forests as a member of our organization. The environmental and economic sustainability in their Global Forestry Plan is a great example of the type of practices we encourage and support," said National President, Ralph Avallone.
ECO2 Forests is a US Public Company trading under the Stock Symbol ECOF, with offices in Sacramento,CA, La Jolla, CA and Queensland Australia.
ECO2 Forests develop reforestation and avoided deforestation projects that minimize the environmental impact of deforestation and greenhouse gas emissions. Revenue is generated from the sale of a sustainable fast growth lumber supply and carbon credits.
"A growing demand for lumber continues to put pressure on old growth forests and rainforests globally. The need for sustainable practices, such as those created by ECO2 Forests, to supply lumber and protect these vitally important natural habitats has never been more critical," Avallone added.
"A sustainable lumber supply delivered in seven year cycles is a significant shift in forestry practices. When you combine this with the significant carbon sequestration from each project you get a great example of a successful business delivering a positive environmental outcome as well as investors and shareholder value."
ECO2 Forests recently secured a 20,000 acre land parcel on the South Pacific island nation of Vanuatu with each forested acre projected to deliver over $110,000 in revenue every seven years for over 50 years.
A second, 14,000 acre Global Forestry Plan project with similar financial projections is in planning for Reno, Nevada. Planting is scheduled for the third quarter of 2010 should negotiations proceed as planned.
"Unlike traditional forestry practices, the Global Forestry Plan model operates on a 7-year harvest cycle using the Kiri Tree. The Kiri Tree naturally grows back after each harvest and, in 7 years, is again ready for harvest. Each cycle can produce up to 40 million board feet of sustainable Kiri lumber and 460,000 carbon credits for every 1,000 acres of forest grown. Revenue for 1,000 acres is forecast at over $110 million every seven years," ECO2 CEO, Collie Christensen said.
The seven year sustainable cycle of the Kiri Tree allows ECO2 Forests to deliver significantly greater yields of sustainable lumber than traditional forestry projects, greatly increasing revenue forecasts.
ECO2 Forests is currently evaluating additional large scale projects in the US and Vanuatu as well as projects in Brazil, Mexico and Australia.
A Private Placement Memorandum for accredited and institutional investors is now available. Interested investors can register their interest and obtain more information through the 'Investors' pages on their website, www.eco2forests.com.
Visit the International Green Energy Council website by clicking here.
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