Digital Gas to be lead on all Entropic Energy
projects
New York, NY— Digital Gas,
Inc. announced that Entropic Energy LLC has signed an agreement
wherein Digital Energy & Farming (DEF) will be the principal
contractor on all projects it originates involving waste-to-energy,
bio-fuel and farming. This will apply to pending and future tax
incentive financings (TIF) and associated municipal financings
which will be placed in the name of DEF or a special purpose corporation
formed for each project.
Entropic Energy and Digital Energy
& Farming have agreed to expand their business relationship
in several important areas of environmental concern, including
additional waste-to-energy projects, tire recycling and landfill
reclamation. The projects being pursued include both United States
and international sites.
A partner of Entropic Energy
has a pending waste-to-energy agreement with a government client
in the Persian Gulf. Entropic has introduced DEF to this project
to establish an adjacent farming facility.
Several waste collectors in the
United States have expressed interest in the Entropic-DEF alliance
for its potential to reclaim landfill real estate. DEF is presently
negotiating with multiple landfill owners and several contracts
are pending.
Entropic Energy is also directing
several tire recycling business opportunities to DEF. The first
tire recycling business will be located in East St. Louis and
will involve a variety of income strategies including oil and
gas production and other by-products. Additional contracts are
pending in Michigan and Illinois.
The landfill reclamation business
will be organized as joint ventures with municipalities and private
owners. These joint ventures will involve the processing of in
situ waste as well as new waste. Depending on how a given plant
is scaled, the landfill will effectively disappear with only an
attractive and environmentally friendly Energy & Farming Center
remaining to handle newly created waste.
DEF’s research has found
that there were at least 20,000 landfills in the United States
in 1978 compared to at least 3,000 today. The estimated disposal
costs average $100 per ton, excluding the cost of land and other
costs. The total nationwide disposal cost is estimated to be in
excess of $25 billion. DEF’s plan is to completely change
worldwide waste disposal economics from a cost center to a profit
center with additional benefits to local communities such as job
creation, increased tax base, reduced food and drug costs, reduced
energy costs and enhanced benefits to the environment such as
removing waste matter from unlined landfills thus mitigating ground
water contamination. Additional benefit and revenue will be derived
from the use or sale or recyclables not useable by the Entropic
process, including the use or sale of enriched soil. It is estimated
that there are as many as 100,000 closed and potentially environmentally
dangerous landfills of various sizes in the United States. DEF
will be pursuing this business, either to remediate or reclaim
the land for beneficial social use and for profit. Prior to the
commencement of any project, DEF will conduct site characteristic
studies to enable it to address all problems associated with landfill
reclamation thoroughly and systematically.
DEF will work with private landfill
owners to enable cleared landfill property to be donated to the
communities. As previously mentioned DEF will reinvest 10% of
its income for the construction of facilities that further the
health, education and welfare of the respective communities. |