Albertans will pay about $3 billion more annually in a new economy-wide tax on carbon, as a result of the provincial NDP government’s new climate-change strategy released on Sunday. This initiative could bring new investor money into clean tech companies, including the names on our list today.
NatureBank Asset Management (TSXV: COO)
Price: $0.10 | Market Cap: $4.3 million
NatureBank specializes in providing capital and technical expertise in the areas of sustainable agroforestry. The company manages and supports investments in natural assets to generate revenue from commodities ranging from cocoa to carbon or timber. Agroforestry combines agricultural and forestry technologies to create more diverse, productive, profitable and sustainable land use systems. In addition, the Company is able to gather and sell carbon offsets. Its stock price, meanwhile, has doubled since June 17, 2015, as the Company benefits from having just over 30 million shares outstanding.
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The Ubika Sustainability 20 (US20) index surged 16.9% this past month, with only six constituent companies in the red. Its performance far outpaced the 4.8% increase in the DJSI – North America 40, and the 1.4% decline for the TSX Venture Index. NatureBank Asset Management Inc. (TSXV: COO) was the top-performing component company, powering 57% higher following a corporate re-branding. Get your copy of the Ubika Sustainability 20 report here >>
CO2 Solutions (TSXV: CST)
Price: $0.22 | Market Cap: $27.4 million
CO2 Solutions is a leader in the field of enzymatic CO2 capture. Its patented technology allows for the low-cost capture of CO2 from stationary emissions sources such as oil production operations, power and steam plants and metals production facilities, which is especially useful in Alberta’s oil sands. The Company has recently completed demonstration in Valleyfield following a total of more than 2,500 of operational hours logged by its carbon capture unit. The completion of the Valleyfield operation is a key milestone for the Company as it represents the completion of testing activities, allowing CO2 Solutions to enter into the commercial phase. This represents an exciting time for its shareholders, as its stock price has soared 175% since April 27, 2015. The Company’s AGM is scheduled for Thursday, November 26, 2015 at 2:30 pm EST.
Questor Technology (TSXV: QST)
Price: $0.65 | Market Cap: $16.1 million
Questor Technology is a provider of high efficiency, waste gas incinerators, thermal oxidizers and combustors, specializing in the effective management of H2S, VOCs and BTEX gases. Headquartered in Calgary, Alberta, Questor’s proprietary combustion technology destroys noxious or toxic hydrocarbon gases, thereby providing regulatory compliance, environmental protection, public confidence and reduced operating costs for customers. Questor recently appointed a new CFO and has just 26 million shares outstanding.
Seair Inc. (TSXV: SDS)
Price: $0.145 | Market Cap: $10.0 million
Seair is the developer of proprietary gas diffusion technologies. The Company’s technology allows for the highly efficient diffusion of gases into liquids using patented micro-bubble technology in a passive treatment system with no moving parts and minimal external power requirements. The patented systems deliver highly effective treatment with an elegant, innovative design that avoids “fouling” experienced by other fine bubble systems. This translates directly into extremely low maintenance and operating costs.
