PCS Technologies is a British Columbia based technology development company. We are currently developing technology to convert cellulosic waste materials into a high energy density solid biofuel that can be used as a replacement for coal. PCS means Polymeric Carbon Solid. PCS Technologies has developed a patented, industrially scalable process, which can harness this process to produce green energy while being CO2 neutral, and methane negative, can be widely distributed, and is highly profitable. PCS is a polymeric conversion process for biomass. Almost any Cellulose based waste in an aqueous suspension is changed into a high energy density Polymeric Carbon Solid biofuel at temperatures above 170 C under increased pressure. The resulting CO2 neutral solid biofuel can be burned or be employed in other standard industrial applications. Research Update: We are well into our research project on the conversion of Canadian Peat resources into a high energy density solid biofuel. This work is generously funded by: The National Research Council of Canada through the Industrial Research Assistance program (IRAP) program.