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EverGen Infrastructure Corp. (TSX.V: EVGN) (OTCQX: EVGIF) Playing a Key Role Within the Global Pledge to Stop Methane Emissions

  • Inflating air pollution levels are increasingly contributing to rising respiratory infections and mortality rates around the world
  • A key source of air pollution is derived from methane emissions, released by organic waste products
  • RNG has emerged as a solution by which captured methane can be turned into a carbon neutral energy source
  • EverGen Infrastructure has rapidly emerged as one of Canada’s leading RNG suppliers, with an ambitious long-term growth plan

India’s capital, New Delhi is a teeming metropolis and home to upwards of 25 million people; it is also one of the most polluted cities in the world. In 2019, government authorities forecast that over 1.67 million people had passed away across the country due to air pollution – largely a result of acute respiratory infections, including lung diseases, COPD, asthma add bronchial infections. In Delhi alone, it is estimated that air pollution could contribute to as many as 30,000 fatalities per annum and driving $36.8 billion in economic losses. Yet, Delhi’s air pollution conundrum is not solely due to industrial activity and construction work, factors which have often been pinpointed as the primary contributors to India’s pollution problem. Rather, a major factor contributing to Delhi’s pollution woes is far closer to home – the cooking fuel used by millions of households across the city (https://ibn.fm/trzox). At least 100 million people across India today depend on cow dung cakes and other biomass sources for cooking; methane, the chief emission released by organic waste has been found to be nearly 25 times more potent than carbon dioxide in terms of trapping heat within the earth’s atmosphere (https://ibn.fm/upCmA).

According to the International Monetary Fund (“IMF”), global greenhouse gases must be cut by 25 percent to 50 percent from 2019 levels by 2030 to limit global warming to 1.5-2 degrees Celsius – the central goal of the Paris Agreement. Methane accounts for approximately 30 percent of the increase in…

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NOTE TO INVESTORS: The latest news and updates relating to EVGIF are available in the company’s newsroom at https://ibn.fm/EVGIF

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