By: Dylan Sikes - AllPennyStocks.com News

Tuesday, September 22, 2015

The U.S. Environmental Protection Agency (EPA) determined in 2009 that greenhouse gas pollution threatens Americas’ health and welfare by causing long lasting changes to climate. The EPA determined that these changes could have a range of negative effects on human health and the environment. The electric power sector accounts for around a third of U.S.’s total greenhouse emissions. The largest source of greenhouse emissions is not surprisingly fossil fuel-fired power plants. Coal is seen as the main source of greenhouse emissions and coal-fired power plants are under pressure to reduce their emissions.

The EPA has already outlined plans to limit carbon pollution from future coal-fired power plants. The EPA’s rule requires that all coal- and oil-fired power plants in the U.S., which are larger than 25 MW, must remove around 90% of mercury from their emissions. The rule has been left in place even though the U.S. Supreme Court remanded the EPA’s Mercury and Air Toxic Standards back to the U.S. Court of Appeals for the D.C. Circuit for further review.

The EPA rule has put pressure on coal-fired power plants but also created an opportunity for environmental services companies such as Midwest Energy Emissions Corp. (OTCQB:MEEC).

Based in Lewis Center, Ohio, MEEC delivers patented and proprietary solutions to the global coal-power industry to remove mercury from their power plant emissions, providing performance guarantees and leading edge emission services.

This morning, MEEC provided a general business update for its investors and shareholders. MEEC said that its monthly revenue for the month of August exceeded $1.5 million, which is the second-highest revenue total for the year.

Richard MacPherson, CEO of Midwest Energy Emissions, said that during the month of August, the company also finished the installation and commissioning of its sixth front end-injection system and achieved product sales of approximately $900,000. The company also achieved positive operating profit and EBITDA for the month of August, MacPherson added.

MacPherson further said that the company’s revenue and activities in the field are on an upswing as it responds to the needs of its customers. He added that as MEEC continues its growth, it is seeing the expected results in its sales margins, operating profit line and cash flows. MEEC is looking forward to announcing its quarterly results, which according to MacPherson will reflect the company’s efforts more fully.

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