GS Carbon Provides Update On Business Model
New York - GS Carbon Corporation recently provided an update on its business model and holdings. GS Carbon Corporation is a development stage company that was founded to facilitate decarbonization in ways that cost-effectively capitalize on the evolving carbon markets.
GS Carbon's ambition is to affect reductions in the carbon intensity of energy production and consumption by investing in carbon trading, developing and commercializing advanced new decarbonization technologies, and by developing and owning renewable energy production assets. GS Carbon companies and holdings include a 10% stake in Sterling Planet, Inc., 10% of TerraPass, Inc., 100% of GS Advanced Applications, Inc., 70% of General Ultrasonics Corporation, and 25% of Aerogel Composite, Inc.
Carbon Trading Holdings
STERLING PLANET, INC.
Sterling has established a strong reputation as the premier market maker for renewable energy sales. Sterling has sold over 4 billion kilowatt hours of renewable energy since its inception, representing enough energy to power 350,000 homes for a full year and offset 2.6 million tons of carbon dioxide. Sterling Planet currently services an impressive array of clients including Alcoa, The Coca-Cola Company, DuPont, Delphi Corporation, Duke University, University of Utah, Nike, Pitney Bowes, U.S. Environmental Protection Agency, the U.S. General Services Administration, the Homeland Security Department, Western Area Power Administration, New York State Energy Research and Development Authority (NYSERDA), the U.S. Army, Staples, Whirlpool Corporation, the World Resources Institute and over 150 other companies. Additional information on Sterling Planet is available online at www.sterlingplanet.com.
TERRAPASS, INC.
By issuing a "TerraPass" to its members, TerraPass utilizes its members' contributions to promote global energy efficiency and greenhouse gas reduction through targeted projects. It is through these clean energy projects that TerraPass counterbalances pollution from its members' vehicles. TerraPass recently partnered with Ford Motor Company in a program called "Greener Miles," which allows consumers to calculate the amount of carbon dioxide produced by their car in one year of driving, and then to purchase a TerraPass linked to the cost of producing an amount of clean energy equivalent to the carbon dioxide produced. Individual purchases range from $29.95 to $79.95 annually, depending on the type of vehicle, amount of carbon dioxide emitted and miles traveled, and the funds are used to invest in U.S. based renewable energy projects. Additional information on TerraPass is available online at www.terrapass.com.
Technology Holdings
GS ADVANCED APPLICATIONS
GS Advanced Applications focuses on the research and development of commercially viable advanced applications of cutting-edge clean technologies. GS Advanced's testing laboratory is currently focused on commercializing new technologies that increase the efficiency and reduce the emissions profile of energy production. Current development projects include: ultrasonic reformation.
GENERAL ULTRASONICS CORPORATION
General Ultrasonics Corporation is a development stage company that owns the exclusive rights to a proprietary new ultrasonic reformation process uses water, hydrocarbons and high intensity ultrasonic energies to synthesize clean burning fuels including hydrogen. The process was designed for low cost reformation of standard petroleum hydrocarbon products, but has the capability to produce hydrogen-rich gases, other synthetic gases and fuels, and other products from qualified carbon-based, hydrocarbon-based, and other liquids, solids and gases.
AEROGEL COMPOSITE, INC.
Aerogel Composite has patented nanotechnology for the preparation of aerogel composites for a wide variety of applications. Applications of ACI's Hyrogel™ carbon aerogel supported catalysts are planned to include hydrogen powered stationary and mobile PEM fuel cells, direct methanol fuel cells (DMFC) for portable electronic devices such as laptop computers and cell phones, and other metal oxide aerogel supported catalyst for catalytic converters for gasoline and diesel powered vehicles and other internal combustion engines.
Aerogels are solid-state substances similar to gels but where the liquid phase is replaced with gas. Aerogels have a highly dendritic tree-like structure and rank among the world's lowest density solids. They have a remarkably high surface area and are very porous and light. Their microstructure and physical properties can be manipulated at the nanometer scale by selection of raw material and modification of manufacturing conditions. Aerogel products can be engineered to exhibit desired thermal, acoustic, mechanical and/or chemical properties. Aerogel materials can be produced as monoliths, thin-films, powders, or micro-spheres to respond to given application requirements. Additional information on Aerogel is available online at www.aerogelcomposite.com.
SOURCE: GS Carbon Corporation