Spectaire and Sankofa LTD Announce Sale of $750,000 USD of Carbon Offset Credits
13 11월 2023 - 10:00PM
Spectaire Holdings Inc. (NASDAQ: SPEC) (“Spectaire”), a provider of
air quality monitoring and emissions reduction services, is pleased
to announce the sale of 12,500 carbon offset credits for $750,000
USD with Sankofa LTD (“Sankofa”) acting as broker to the
transaction. This transaction marks a significant milestone in the
carbon offset marketplace, as management believes these credits
will be some of the first credits sold based on measurement of
actual emissions in the field.
Traditionally, carbon offsets are approved at
the program level where the environmental impact is estimated, and
carbon credits are issued based on those projections. Through
AireCore, Spectaire measures emissions directly in the field
resulting in what management believes are some of the first carbon
credits sold based on the measurement of actual reductions.
Carbon credits play a pivotal role in the
infrastructure of emissions reduction. However, the market is
challenged by the lack of precision and credit level auditability.
With AireCore, each credit can be audited to see when and where the
reductions occurred as well as what specific gases were impacted.
Management expects the specificity and traceability of Spectaire’s
next generation offsets to give consumers enduring value through
carbon credits backed by measured results.
"As the demand for carbon credits increases, the
historical land-use based supply does not offer the same level of
traceability and specificity as those measured through AireCore.
The world needs carbon credits that are accurately measured to
achieve the NET ZERO targets confidently," said Brian Semkiw,
Founder and CEO of Spectaire. "Sankofa continues to be an excellent
partner finding environmentally progressive companies, who are
taking affirmative action to reduce Scope 1 and Scope 2 emissions
and complementing those efforts through investment in carbon
credits."
"Sankofa is committed to the use of carbon
offsets in addition to operational reduction in emissions,” said
Aviram Malik, CEO of Sankofa LTD. "This initial placement of 12,500
credits with a client who understands the value in carbon credits
that are measured not estimated is a great first step in the
adoption of a new baseline of carbon credit transparency. Sankofa
recommends to our clients to not just invest in carbon offsets but
to take ownership of the selection criteria and we believe educated
clients understand Spectaire measured carbon credits will
appreciate in value over time."
About Spectaire
Spectaire (Nasdaq: SPEC) is a provider of air
quality monitoring and emissions reduction services. Spectaire is
dedicated to delivering effective solutions that help businesses
worldwide reduce their carbon footprint, with a focus on creating
high-quality, traceable carbon credits.
About Sankofa
Sankofa (https://sankofa.earth/) is positioned
to impact the carbon credit market by injecting liquidity and
transparency into carbon credit transactions. Through their active
role in transactions connecting progressive buyers and sellers of
innovative technology-driven credits, Sankofa helps restore a
direct flow of capital, with the aim to ensure optimal impact to
the United Nations Sustainable Development agenda.
Forward-Looking Statements
This release contains certain forward-looking
statements within the meaning of the federal securities laws,
including statements regarding the anticipated value of Spectaire’s
next-generation carbon credit offsets. These forward-looking
statements generally are identified by the words “believe,”
“project,” “expect,” “anticipate,” “estimate,” “intend,”
“strategy,” “future,” “opportunity,” “plan,” “may,” “should,”
“would,” “will continue,” “will likely result” and similar
expressions.
The forward-looking statements are based on the
current expectations of the management of Spectaire and are
inherently subject to uncertainties and changes in circumstances
and their potential effects and speak only as of the date of such
statement. There can be no assurance that future developments will
be those that have been anticipated. Forward-looking statements
reflect material expectations and assumptions, including, without
limitation, expectations, and assumptions. Such expectations and
assumptions are inherently subject to uncertainties and
contingencies regarding future events and, as such, are subject to
change. Forward-looking statements involve a number of risks,
uncertainties or other factors that may cause actual results or
performance to be materially different from those expressed or
implied by these forward-looking statements. These risks and
uncertainties include, but are not limited to, those discussed and
identified in public filings made by Spectaire with the U.S.
Securities and Exchange Commission (the “SEC”) and the following:
Spectaire’s ability to operate as a going concern; Spectaire’s
requirement of significant additional capital; Spectaire’s limited
operating history; Spectaire’s history of losses; Spectaire’s
ability to attract qualified management; Spectaire’s ability to
adapt to rapid and significant technological change and respond to
introductions of new products in order to remain competitive; the
loss of, or nonperformance by, one or more significant customers;
disruptions of Spectaire’s manufacturing operation; changes in
governmental regulations reducing demand for Spectaire’s products
or increasing Spectaire’s expenses; the effects of global health
crises on Spectaire’s business plans, financial condition and
liquidity; changes or disruptions in the securities markets;
legislative, political or economic developments; Spectaire’s
failure to obtain any necessary permits or comply with laws and
regulations and other regulatory requirements; accidents, equipment
breakdowns, labor disputes or other unanticipated difficulties or
interruptions; potential cost overruns or unanticipated expenses in
development programs; potential legal proceedings; and Spectaire’s
failure to obtain or maintain insurance covering all of Spectaire’s
operations.
Should one or more of these risks or
uncertainties materialize or should any of the assumptions made by
the management of Spectaire prove incorrect, actual results may
vary in material respects from those projected in these
forward-looking statements.
All subsequent written and oral forward-looking
statements concerning matters addressed herein and attributable to
Spectaire or any person acting on its behalf are expressly
qualified in their entirety by the cautionary statements contained
or referred to herein. Except to the extent required by applicable
law or regulation, Spectaire undertakes no obligation to update
these forward-looking statements to reflect events or circumstances
after the date hereof to reflect the occurrence of unanticipated
events.
Press Contact: Chris Grossman,
CGrossman@Spectaire.com
Website: Spectaire.com
Spectaire (NASDAQ:SPECW)
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