The LCA not only confirms the merits of our proprietary Bitumen Extraction & Separation Technology and the positive impact on the environment that we believe it will have, but it also measures the benefits of our production process when compared to sending asphalt shingles to landfills and using asphalt from virgin production.
In addition to the full diversion of asphalt shingles from landfills, we now know our production process can deliver a meaningful difference to our climate by reducing carbon dioxide emissions in both degradation of asphalt shingle tiles in landfills and virgin asphalt production.
GHG emissions, also known as carbon dioxide emissions, from the Empower Facility are expected to be 60% lower than the emissions related to virgin production and landfill disposal of the asphalt shingles, emitting 77.21 kg of carbon dioxide equivalent per tonne of feed stock compared to 199.15 kg of carbon dioxide equivalent per tonne of feedstock for virgin production and landfill disposal.
The 2017 British Columbia Best Practices Methodology for Quantifying Greenhouse Gas Emissions was used to calculate emissions associated with fuel and electricity consumption.
Northstar has developed a proprietary design process for taking discarded asphalt shingles, otherwise destined for already over-crowded landfills, and extracting the liquid asphalt, aggregate and fiber for usage in new hot mix asphalt, construction products and other industrial applications.
Forward-looking statements in this press release include the Company’s expectations regarding the operation of its Empower Facility five days per week, 52 weeks per year and the estimated production of CO2 equivalent and GHG emissions savings, the benefits of the BEST Process and its impact on the environment, including that it can deliver a meaningful difference to our climate and reduce water consumption and land disturbance, and the Company’s belief that these carbon emission benefits could drive future revenue and margins in carbon credit sales.
Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended and such changes could be material.