Calgary, Alberta – TheNewswire - August 10 , 2022 - Delta CleanTech Inc. (“Delta” or the “Company”) (CSE:DELT), (FRA:66C), (OTC:DCTIF) celebrates the announcement that the United States (“US”) Senate has passed the Climate Change Bill (“Bill”).

The United States Senate made a landmark decision yesterday by approving the $370 billion legislation. After more than one year of negotiating and amendments, the Bill will replace the “Build Better Back” previous legislation that was introduced last year, but never passed Senate approval.  

Asked to comment, Mr. Jeff Allison, President of Delta stated: “Delta is currently receiving an unprecedented amount of new business opportunities in Canada as result of Canada’s Federal Governments commitment to carbon taxes and carbon incentives to reduce CO2 emissions. We recently commenced three new projects, the details of which we will formally announce in the near future. With the passing of this Bill, the US will become a major source of new business opportunities for Delta. We already have a number of new projects we are evaluating in the US. This new Bill in conjunction with the existing and proposed amendments to the 45Q tax incentives in the US, will indeed accelerate opportunities for Delta over the next few years.”

Mr. Allison continues to share, “The Delta engineering team is currently working at full capacity, and Delta has recently added additional engineering capabilities to meet the increasing demand that is occurring. Delta’s last two quarters of their fiscal year should begin to reflect the new projects recently obtained.”

 
About Delta CleanTech Inc.

Delta CleanTech Inc. is a 15-year ESG-driven, recognized global technology leader in CO2 Capture, Decarbonization of Energy, Solvent & Glycol Reclamation, Blue Hydrogen Production, and Carbon Credit Aggregation and Management. Delta continues to provide solutions to clients all over the world in sequestering, capturing, and reducing CO2 and through its Carbon RX wholly owned subsidiary is originating, validating, digitizing, and streaming Carbon Credits.

For more information contact:

Jeff Allison, President

Phone: 306‐352-6132
Cell: 306-530-6025
E‐mail: jallison@deltacleantech.ca

Forward Looking Statements

This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation, which are based upon Delta’s current internal expectations, estimates, projections, assumptions and beliefs and views of future events. Forward-looking information can be identified by the use of forward-looking terminology such as "expect", "likely", "may", "will", "should", "intend", "anticipate", "potential", "proposed", "estimate" and other similar words, including negative and grammatical variations thereof, or statements that certain events or conditions "may", "would" or "will" happen, or by discussions of strategy. Forward-looking information include estimates, plans, expectations, opinions, forecasts, projections, targets, guidance, or other statements that are not statements of fact. Specifically, this news release contains forward looking information relating to Delta’s ability to materialize on business opportunities, the completion of three projects and the ability to hire and retain new engineering staff

The CSE does not accept responsibility for the adequacy or accuracy of this release.