Tokyo, Japan (PressExposure) October 13, 2009 -- Westernfield Holdings Inc has signed an agreement with RAS Al-Khaimah port authority to implement greenhouse gas reduction solutions at its industrial zone, under the agreement; Westernfield Holdings Inc would develop carbon emission reduction projects at industrial facilities in other Ports and Industrial Zones.
"We are very pleased to be collaborating with Ras Al-Khaimah port authority on this important initiative to capture and reduce carbon emissions from the port. This will facilitate the development of heavy industry in the zone with limited environmental impact," said CEO Dr.Stephen Westernfield
Westernfield Holdings Inc is currently developing a major carbon capture and transmission network in Ras Al-Kamiah port that would capture carbon dioxide emitted from industrial plants and transport them by pipelines to oil reservoirs for enhanced oil recovery.
This is a multi-million dollar project that involves the construction of a large container and industrial port and development of more than 45 square km of special economic and free zones.
Westernfield Holdings identifies and initiates potential carbon reduction projects virtually all over the world. We then participate in CDM, JI and voluntary projects as an off-taker of carbon credits and, where necessary, we add liquidity. Westernfield Holdings uses its financial and technical expertise to deal with all aspects of emission trading. We are therefore in a good position to optimize the structures that will increase profitability for all those involved.