20th of October 2008
MEDIA RELEASE
Environmental Intermediaries & Trading Group Limited has appointed Tsakounis
Global to investigate Joint Implementation Projects for Coal Mine Methane in
Australia.
Under the Kyoto Protocol Annex 1 countries, the so called 'developed
countries' can promote and invest in projects to reduce emissions in other
Annex 1 countries such as Australia. Coal Mine Methane involves capturing
methane from coal mining and using the methane to generate electricity.
Significant reduction in GHG emissions are achieved as the global warming
potential of methane is 21 times that of carbon dioxide.
Projects have been completed to earn carbon credits under the UNFCCC clean
development mechanism in Non Annex 1 developing countries, qualifying to do
so on the basis they are not economic without carbon credits.
With the extensive use of coal in the electricity industry in Australia mine
methane is typically vented into the atmosphere.
Environmental Intermediaries & Trading Group Limited is a leading supplier
of Carbon Credit solutions and projects under the Kyoto Protocol.
21st September 2008
Tsakounis Global welcomes Hannah Vo and Linda Genronimo - Santos to the team. Linda has been appointed as Migration Manager and Hannah as Migration assistant for Tsaks Migration. Tsaks Migration is a member of Tsakounis Global.
1st September, 2008
Dennis Cooney has recently completed the acquisition of a vacant service station in the town of Grafton in northern NSW. The acquisition was syndicated for the Ikarus Trust and Investment Group formed by Tsakounis Global members .
Michael Lambrou between the negotiation and completion of the acquisition was able to organize and supervise a refurbishment of the premises together with the instalation of an additional 20,000 litre diesel storage tank simulatenously enabling Dennis Cooney to negotiate a 25 year lease on the premises to United Petroleum at a return to investors of 14.3% plus an immdeiate 40% capital gain on bank valuation.