Latest news with #composting
Globe and Mail
3 days ago
- Business
- Globe and Mail
EverGen Infrastructure Reports Q1 2025 Results
EverGen Infrastructure Corp. ('EverGen' or the 'Company') (TSXV: EVGN) (OTCQX: EVGIF), today reported financial results as at and for Q1 2025. All amounts are in Canadian dollars unless otherwise stated and have been prepared in accordance with IFRS. Financial Highlights for Q1 2025: Revenues of $1.9 million for Q1 2025 decreased 41% compared to the same period last year, primarily driven by reduced volumes (due to unexpected operating disturbances) resulting in lower tip fee revenue at the Company's organic waste and composting facilities. These declines were partially offset by increased RNG production and associated revenues from FVB and GrowTEC, as well as tip fee increases at the Company's composting facilities. Net loss of $1.2 million for Q1 2025 improved by 11% compared to the same period last year, primarily due to lower direct operating costs, depreciation and amortization expense, and finance costs, partially offset by lower revenues and a decrease in insurance proceeds. Adjusted EBITDA of $0.5 million for Q1 2025 decreased by $0.2 million compared to the same period last year, primarily due to reduced revenues and lower insurance proceeds, partially offset by a decrease in direct operating costs and an increase in non-recurring general and administrative expenses. RNG production reached a new quarterly record in Q1 2025, driven by the continued ramp-up and stabilization of the FVB RNG expansion project. The FVB facility achieved monthly RNG production record exceeding 12,000 gigajoules (GJs) in both March and April 2025, surpassing the previous high of 11,186 GJs in September 2024. A daily production record of 640 GJs was also set in October 2024. Three months ended Mar 31, 2025 Mar 31, 2024 $ Change % Change FINANCIAL Revenue 1,909 3,227 (1,318) (41) Net loss (1,202) (1,326) 124 (9) Net loss per share ($), basic and diluted (0.08) (0.10) 0.02 (20) EBITDA (1) (33) 217 (250) (115) Adjusted EBITDA (1) 450 654 (204) (31) Total assets 77,560 94,241 (16,681) (18) Total long-term liabilities 26,878 30,255 (3,377) (11) Cash and cash equivalents and restricted cash 1,502 717 785 109 Working capital deficit (1) (1,913) (1,064) (849) 80 COMMON SHARES (thousands) Outstanding, end of period 14,059 13,918 141 1 Weighted average – basic & diluted 14,041 13,905 136 1 OPERATING RNG (gigajoules) 43,014 35,440 7,574 21 Incoming organic feedstock (tonnes) 12,809 17,986 (5,177) (29) Organic compost and soil sales (yards) 642 2,179 (1,537) (71) Electricity (MWh) 763 851 (88) (10) (1) Please refer to 'Non-GAAP Measures'. Closing of Private Placement & Management Change (Subsequent Event to Q1 2025): In May 2025, EverGen announced closing of first tranche of private placement for gross aggregate proceeds of CAD$5,000,000 and completed a change of management. See full press release filed on SEDAR+. Further Information & Conference Call Details For further information on the results please see the Company's Consolidated Financial Statements and Management's Discussion and Analysis filed on SEDAR+ at and on EverGen's website at EverGen will hold a results and corporate update conference call at 11:30 a.m. Eastern Time on Tuesday, June 3, 2025, hosted by Chief Executive Officer, Chase Edgelow. Date: Tuesday, June 3, 2025 Time: 11:30 a.m. ET Zoom Link: Find the latest Corporate Presentation in the Investor Center: About EverGen Infrastructure Corp. EverGen, Canada's Renewable Natural Gas Infrastructure Platform, is combating climate change and helping communities contribute to a sustainable future. Headquartered on the West Coast of Canada, EverGen is an established independent renewable energy producer which acquires, develops, builds, owns, and operates a portfolio of Renewable Natural Gas, waste to energy, and related infrastructure projects. EverGen is focused on Canada, with continued growth expected across other regions in North America and beyond. For more information about EverGen Infrastructure Corp. and our projects, please visit Non-GAAP Measures EverGen uses certain financial measures referred to in this press release to quantify its results that are not prescribed by IFRS. The terms EBITDA, adjusted EBITDA and working capital are not recognized measures under IFRS and may not be comparable to that reported by other companies. EverGen believes that, in addition to measures prepared in accordance with IFRS, the non-IFRS measurement provide useful information to evaluate the Company's performance and ability to generate cash, profitability and meet financial commitments. These non-IFRS measures are intended to provide additional information and should not be considered in isolation or as a substitute for other measures of performance prepared in accordance with IFRS. EBITDA is defined as net income (loss) before interest, tax and depreciation and amortization. Adjusted EBITDA is EBITDA adjusted for share-based payment expenses, unusual or non-recurring items, contingent consideration gains and losses and non-controlling interests in adjusted EBITDA. Working capital is calculated as current assets less current liabilities. Forward-Looking Information This news release contains certain forward-looking statements and/or forward-looking information (collectively, 'forward looking statements') within the meaning of applicable securities laws. When used in this release, such words as 'would', 'will', 'anticipates', 'believes', 'explores', 'expects' and similar expressions, as they relate to EverGen, or its management, are intended to identify such forward-looking statements. More particularly, and without limitation, this press release contains forward looking statements and information concerning the Company's expectations regarding revenue growth and future financial or operating performance. Such forward-looking statements reflect the current views of EverGen with respect to future events, and are subject to certain risks, uncertainties and assumptions. Many factors could cause EverGen's actual results, performance or achievements to be materially different from any expected future results, performance or achievement that may be expressed or implied by such forward-looking statements and, accordingly, no assurance can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do, what benefits EverGen will derive therefrom, and accordingly, readers are cautioned not to put undue reliance on the forward-looking statements contained in this press release. The Company cautions that these forward-looking statements are subject to numerous risks and uncertainties, including but not limited to: the impact of general economic conditions in Canada, including the current inflationary environment; industry conditions including changes in laws and regulations and/or adoption of new environmental laws and regulations and changes in how they are interpreted and enforced, in Canada; volatility of prices for energy commodities; change in demand for clean energy to be offered by EverGen; competition; lack of availability of qualified personnel; obtaining required approvals of regulatory authorities in Canada; ability to access sufficient capital from internal and external sources; optimization and expansion of organic waste processing facilities and RNG feedstock; the realization of cost savings through synergies and efficiencies expected to be realized from the Company's completed acquisitions; the sufficiency of EverGen's liquidity to fund operations and to comply with covenants under its credit facility; continued growth through strategic acquisitions and consolidation opportunities; continued growth of the feedstock opportunity from municipal and commercial sources, and the factors discussed under 'Risk Factors' in the Company's Annual Information Form dated April 22, 2024, which is available on SEDAR+ at many of which are beyond the control of EverGen. Forward-looking statements included in this news release should not be read as guarantees of future performance or results. The forward-looking statements contained in this release are made as of the date of this release, and except as may be expressly required by applicable law, EverGen disclaims any intent, obligation or undertaking to publicly release any updates or revisions to any forward-looking statements contained herein whether as a result of new information, future events or results or otherwise. This news release shall not constitute an offer to sell or the solicitation of an offer to buy the securities in any jurisdiction. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
CNN
4 days ago
- General
- CNN
Best compost bins, according to real composters
Compost bin quick picks A small compost bin to get started: Oxo Good Grips Easy-Clean Bin A large compost bin for busy kitchens: Exaco Eco 2000-NP 2.4-Gallon Pail Certified compostable liner bags: BioBag The Original Compostable BagComposting at home is a fantastic way to reduce your impact on the planet, and with the best compost bins, you can start turning your food scraps into compost and reduce your waste. Whether you have a backyard composter or participate in your city's curbside program, composting is an easy habit to start. Once you figure out how to start a compost pile or research your town's rules, you might be looking for a countertop compost bin to collect all your food scraps. But before you buy a fancy bin for your kitchen, take a look around your house. 'As an environmental organization, we encourage people to use what they already have available,' said Lia Lucero, community engagement manager at the Lower East Side Ecology Center. 'Just about anything can be turned into a container, and we've seen a lot of creativity from participants dropping off at the Union Square Greenmarket. Items like yogurt tubs, takeout containers and salad boxes can all be repurposed for collecting food scraps.' Although a compost bin is an eco-friendly product, the more sustainable option is to use what you already have. If you don't have a container at home or like the idea of a separate bin to help you collect food scraps, we've listed some of the best on the market to get you started. EconoHome 5-Gallon Bucket Pail Container With Lid "My expertise is mostly in compost production, so I am in favor of any bin of organics that is clean (contamination-free)," said Rutger Myers, director of compost and carbon farming at Eco-Cycle. "I'm not particularly picky about my organic receptacle bin. At home, I use a 5-gallon bucket with a lid." Simplehuman Compost Caddy This compost bin can attach to existing Simplehuman trash cans, making it a great modular option. It has a sleek design but is on the smaller side compared to other bins. Oxo Good Grips Easy-Clean 0.75-Gallon Compost Bin This small compost bin from Oxo is made from plastic, so it's easy to clean. It won't be as durable as any stainless steel option, though. Red Factor Premium 1.3-Gallon Stainless Steel Compost Bin This stainless steel compost bin can hold 1.3 gallons of food waste and keep your kitchen from stinking with a charcoal filter. It's very similar to a bin I've had and used for over four years. Compost bins aren't typically dishwasher-safe, but stainless steel is easy to clean in the sink. Epica 1.3-Gallon Stainless Steel Countertop Compost Bin This stainless steel bin also has a charcoal filter to help reduce odors. I've found I like bins with 1.3 gallons of capacity, as it gets full in about one to two weeks. I've had issues in the past with discoloration of painted and enameled containers, which is why I prefer plain stainless steel. Kibaga Kitchen Compost Bin With Smell Proof Lid This cute can is made from stainless steel but has a wooden handle and knob. If you keep your bin on your counter and care about aesthetics, this could be a good option. Tiyafuro 2.4-Gallon Kitchen Compost Bin If you'd rather keep your compost bin under the sink, this nifty hanging bin is a great option. It holds 2.4 gallons, so unless you create a lot of food waste, you'll probably want to empty it even before it gets full. Exaco ECO 2000-NP 2.4-Gallon Kitchen Compost Pail Another large, budget option for kitchens that produce a lot of scraps, this pail has a carbon filter and is built from sturdy plastic. BioBag The Original Compostable Bag If you want to line your bin to make clean up a little easier, make sure to research if your collection facility can accept bags. These from BioBag are certified compostable in industrial composters only, so you might want to line your bin with paper bags to be extra safe. Elena Lopez, senior outreach and communications manager at LA Compost, also encourages collecting scraps with whatever you already have at home, such as a bowl or food container. Even if it's a bin you're about to throw in the recycling, it could be used to collect scraps. However, she also said, 'If a stylish compost bin inspires you to stick with the habit, go for it. Just consider choosing one made from durable, sustainable materials like aluminum.' Stainless steel and aluminum are the best materials to look for in a compost bin. Some bins have an enamel coating to make them more aesthetically pleasing, but that coating can come off after years of use. When deciding which bin to choose, there are a few factors to consider. 'When choosing a container size, it depends on how often curbside collection is scheduled in their area and how much food waste they generate between pickups,' Lucero said. 'In NYC, curbside composting is typically once a week, though some residents also have access to local drop-off sites, including Smart Compost bins.' Besides the dimensions of your bucket, location is also an important factor to consider when collecting your food waste. 'We recommend keeping the container in the freezer to prevent fruit flies and odors,' Lucero said. 'For those storing their container under the sink or on the countertop, troubleshooting with shredded newspaper or baking soda can help. Some people use a two-step system: collecting daily scraps in a small container and then transferring them to a larger container stored in the freezer.' Especially if you're storing your container under the sink or on your countertop, look for a bin with either an airtight lid or one with a charcoal filter to help reduce odors. The following FAQs were answered by composting experts Elena Lopez and Lia Lucero, and include reporting done by Kai Burkhardt, CNN Underscored's outdoors, sustainable living and pets editor. What are the best types of food waste to put in a compost bin? What are the best types of food waste to put in a compost bin? 'The types of food waste accepted vary by program,' Lucero said. 'NYC Curbside Composting and Smart Bins accept a wide range of scraps, including meat and dairy. However, community food-scrap drop-off sites usually don't accept those items, as they're processed through smaller composting systems.' As a reminder, when you're tossing your onion and banana peels along with other scraps, make sure to look for and remove any stickers, as they won't break down. How often should you empty a compost bin? How often should you empty a compost bin? You should empty your compost bin about once a week or whenever it gets full. This is easy when you have curbside pickup, but if you're dumping your scraps somewhere, remember to stick to a frequent schedule. If you leave food scraps in the bin for too long, it can start to smell bad, grow bacteria or attract pests. What types of bag liners are the best for compost bins? What types of bag liners are the best for compost bins? 'If you prefer to line your bin, brown paper bags or newspaper are compost-friendly options,' Lopez said. 'We recommend avoiding plastic liners, which can cause issues in the composting process and often aren't accepted.' Some liners are certified compostable, however, such as BioBags, which are recommended by Lucero and can be broken down in industrial composters. For this article, we consulted the following experts to gain their professional insights. Elena Lopez, senior outreach and communications manager at LA Compost Lia Lucero, community engagement manager at the Lower East Side Ecology Center Rutger Myers, director of compost and carbon farming at Eco-Cycle CNN Underscored has a team of skilled writers and editors who have many years of experience testing, researching and recommending products, and they ensure each article is carefully edited and products are properly vetted. We talk to top experts when applicable to make certain we are testing each product accurately, recommending only the best products and considering the pros and cons of each item. For this article, CNN Underscored's outdoors, sustainable living and pets editor Kai Burkhardt spoke to a number of compost experts from across the country. He also has been collecting his own food scraps for compost for over four years.
CBC
5 days ago
- General
- CBC
More than half of Montrealers don't want reduced trash pickup. So why is the city still trying it?
In most boroughs, garbage is collected once a week. But some have made the switch to biweekly pickup. Montreal is floating the idea because it wants to see fuller recycling and compost bins — not overflowing trash cans.
CNET
5 days ago
- General
- CNET
Clog-Bait: 9 Household Items You Should Never Pour Down the Drain
There are obvious drain cloggers that most of us know to avoid disposing of in the kitchen or bathroom sink, and then there are the sneakier culprits that build up slowly or dry in the pipes to cause a clogged-up mess. No matter which variety of drain clogger you succumb to, it'll result in an annoying task for you, or worse, an expensive call to a plumber. CNET Having worked in kitchens and as the proud new owner of a home, I've learned the hard way what not to pour down a drain. Here are 9 common household items you should never pour down the drain and some tips on what to do if the sink water starts backing up. 9 household items that will clog your drain Vegetable peels Carrot, potato and other vegetable peels may fit down the drain but that's about the worst place you can put them. That organic refuse will cause backups and clogged drains faster than you can say "compost pile." Speaking of which, a compost pile or organic waste processor is exactly where those materials should go. Here's how to start a compost pile if you're new to the game. Oil and grease Bacon fat shouldn't be poured down the sink, but it can be saved and used in your next recipe. Talisman Oil and grease are two of the most common drain-clogging substances. Large amounts of cooking oil left in the skillet or a mound of leftover bacon fat from breakfast are surefire ways to build up gunk in your kitchen pipes over time. Oil should be fully cooled and placed in a sealed receptacle before being tossed. Pork fat and bacon grease can be used to flavor your next recipe or season a cast-iron skillet. Read more: 8 Ways to Use Leftover Bacon Fat Oil-based foods: Salad dressing, mayo, marinades, chili crisp Try to avoid putting large amounts of mayo or salad dressing down the kitchen drain. MemoriesThe same goes for oily foods including salad dressing, mayonnaise, marinades and more. A small spot of mayonnaise may not cause an issue, but dumping a whole bottle of past-its-prime balsamic dressing or teriyaki marinade could cause problems. Heavily oil-based foods can't be composted and should be tossed in the garbage. Coffee grounds Coffee grounds can be composted but they shouldn't go in the sink. Chris Monroe/CNET If you make a pot of coffee every morning, disposing of the grounds is just part of the routine. Coffee grounds can be composted, but they should not go down the drain. Over time, coffee grounds will build up in the pipes and cause a backup. If you don't have one, consider starting a compost pile to keep food scraps from ending up in the sink and garbage. Use this helpful trick to avoid that compost pile stench in your kitchen. Or add a countertop food scrap processor like the Lomi or Mill Bin if composting isn't in the cards. Flour Extra flour should be composted or thrown away. iStockphoto/Getty Images If you've seen what happens to flour when it mixes with water, you know why it's not a good idea to pour it down the drain. Imagine a dense bread dough trying to make its way through your pipes. Not pretty. If you have leftover flour from a baking project or a recipe, you should compost it or else throw it away. Dirt and soil Fight the urge to flush excess potting soil down the kitchen drain. Justin Tech/CNET I'm admittedly guilty of this one. The kitchen sink seems like the perfect place to transfer an indoor plant from pot to pot, but soil and other dirt types can very easily clog your drain. If you can do it without letting more than a few granules down the sink, you'll probably be OK. If heaps of potting are involved, you'd be wise to take the project outside. Rice and pasta Be it cooked or uncooked, rice does not belong in your pipes. Compost it instead. Brian Bennett/CNET Unless you have a garbage disposal, no food scraps should be going down the drain. Rice and small pasta are especially tricky since they can sneak past your drain guard and end up in pipes they shouldn't be. To stop a starch-based clog before it happens, discard leftover grains and pasta in the compost pile or trash bin if you're not composting. Paper products Paper products, no matter how thin, do not go down the kitchen drain. Angela Lang/CNET There are no paper products that should go down the drain, even those made from thin compostable. Certain kitchen products like plates, bowls and napkins can be composted, but check carefully before adding them to your kitchen pile or smart kitchen bin. Otherwise, they should be tossed. Paint Oil-based paint is about the worst thing you could pour down the kitchen sink. Try mixing it with kitty litter until it dries before disposing of it.I've been guilty of this one, too but it's time to break the habit. Because paint is liquid, it might seem like a candidate for the kitchen sink but it's not. Paint adheres to pipes and if it dries, it becomes a serious plumbing problem. One genius hack for disposing of old paint: kitty litter. Mix some litter with the old paint can until it turns solid and toss it in the garbage. Check with your local sanitation service for certified disposal facilities for oil-based paints. How to unclog a drain with household items Is there anything baking soda and vinegar can't do? Angela Lang/CNET If your drain does clog, try a combination of vinegar, baking soda and boiling water water. There are many reports from LifeProTips and Lifehacks Reddit threads of this quick fix saving homeowners in a pinch. There are also chemical drain cleaners to help get things moving -- although a plumber we spoke to told us why you should be cautious with chemical drain cleaners. To stop food and solids from getting into the kitchen drain, a $10 sink strainer will save you grief later on. Most important is knowing which foods and household materials to keep out of the kitchen sink and avoid a clogged pipe catastrophe in the first place. FAQs
ABC News
6 days ago
- Business
- ABC News
Composting cattle trial prepares industry for foot-and-mouth disease
On a research farm in north-east Victoria, a trial is underway to prepare the country for an outbreak of foot-and-mouth disease (FMD). A series of neat piles of soil with thermometers stuck in the side are formed into composting windrows, containing 70 cattle carcasses buried beneath. The cows, which died from toxic weed poisoning, are being used in the trial to establish whether the infected carcasses can be safely decontaminated underground to create a compost by-product for commercial use. "For a couple years we've been preparing for an emergency animal disease, like foot-and-mouth disease, but more recently avian influenza," Agriculture Victoria's emergency animal disease waste disposal manager, Bronwyn Green, said. "We want to prove how composting could work in a large outbreak with a range of animals, and hopefully get a good product that can be put back to land." Six different methods of composting have been trialled on the property at Rutherglen. They have used green waste, mulch, hay, straw, and different volumes of water. "Compost is a great way to get rid of weeds and seeds," Ms Green said. "Done properly ... temperatures are reached and those weeds are destroyed." She said it took about four months for the compost to kill any of the diseases found in the carcasses. "In the case of foot and mouth … we've already hit [the] temperature that will kill that disease in a week or two," she said. "Some diseases you can't compost your way out of, but avian influenza and foot and mouth absolutely can. "You can end up with a product that can be reused rather than put in landfill which has potential impacts to ground water and the environment." The cattle composting windrows have been set up next to covered burial pits that hold chickens culled during Victoria's H7N8 avian influenza outbreak in Euroa earlier this year. Ms Green said they had been a successful way to clean up infected material. "When composting the chickens, we keep a very close eye on the temperatures, and the burial pits are covered over and capped with clay," she said. "Then we monitor the environment for another 12 months to make sure there's no impact to the environment." Australia is the only continent free from the H5 strain of bird flu, which humans can catch. Ms Green said Agriculture Victoria was still preparing for the potential outbreak in Australia. "We've got more funding to keep going with our preparations, especially with the increased risk of avian influenza around the world," she said. Foot-and-mouth disease affects cattle, sheep, pigs, deer and buffalo. Australia is free of the highly contagious disease, but it continues to be a risk as it is present in neighbouring Indonesia. If it were to enter the country, industry group Cattle Australia said it could cost the nation's economy up to $80 billion over 10 years and cause significant disruptions to the food supply chain. "Government and industry investment in research and development is an essential part of improving our preparedness and minimising the potential impact on our industry," chief executive Chris Parker said. Dr Parker said he hoped Australia would not have to deal with an outbreak. "Prevention is the best form of cure and by exercising vigilance, we can keep FMD out of Australia," he said. Ms Green said composting cattle in the event of a foot-and-mouth disease outbreak would be a simple way for farmers to manage the waste. "This work is really important to ensure we are ready and prepared as much as we can be," Ms Green said. She said similar trials had been undertaken in South Australia and New South Wales with sheep and pigs.
