Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
The latest announcement is out from Ostrom Climate Solutions Inc ( (TSE:COO) ).
Ostrom Climate Solutions Inc. announced a significant corporate update, highlighting the signing of an Emission Reduction Purchase Agreement (ERPA) for a Climate-Smart Agriculture project in the Philippines. This project, which involves a Fortune Global 500 corporation, aims to reduce methane emissions from rice production using the Alternate Wetting and Drying methodology, potentially spanning over 100,000 hectares. The company also supports compliance with British Columbia’s Output-Based Pricing System, which regulates industrial emissions based on performance rather than a fixed carbon tax, enhancing industrial competitiveness while reducing emissions.
More about Ostrom Climate Solutions Inc
Ostrom Climate Solutions Inc. is a leading provider in the carbon project development and climate solutions industry, focusing on creating high-integrity carbon projects. The company is involved in global carbon projects and offers services that support compliance with carbon pricing systems, such as the British Columbia Output-Based Pricing System (BC OBPS).
YTD Price Performance: -25.00%
Average Trading Volume: 83,207
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$3.99M
Learn more about COO stock on TipRanks’ Stock Analysis page.