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Friendly Alternative Energy Sources.
August 8, 2022 --
InvestorsHub NewsWire --
This week on The
Green Stock Journal:
This patented and proprietary technology system
could be the answer to the biofuels revolution.
The Biden
administration's green energy mandate placing an emphasis on the
phasing out of fossil fuels in favor of renewable energy sources
including ethanol, biodiesel and sustainable aviation fuels is
being questioned recently as available inventories of corn and
soybeans traditionally used to create such fuels are in short
supply.
The Ukraine war,
severe drought, skyrocketing fertilizer prices along with a renewed
food versus fuel debate is causing record high prices in Corn and
Soybeans along with a dwindling supply of crops to devote to the
production of alternative energy.
As Pressure mounts
on traditional ethanol production the industry looks toward greater
reliance on new technologies such as that by Blue Biofuels, trading
under the symbol BIOF, which has developed and patented a
technology that can convert virtually any plant material –
grasses, wood, paper, farm waste, yard waste, forestry
products, energy crops like hemp or king grass, sugarcane
bagasse, and the cellulosic portion of municipal solid waste into
sugars that are used to create ethanol and sustainable
aviation fuels. Blue Biofuels does this in a CO2 neutral and
environmentally friendly manner.
Corn based Ethanol
cannot further grow in a meaningful way. There are limitations on
the amount of corn available for fuel, there is simply not enough
corn available. Blue Biofuels can accommodate strong growth in
biofuels since Blue Biofuels does not have those feedstock
limitations. The BIOF process could replace half the fossil fuels
used in the US.
The company just
announced late last week that a Department of Energy grant has been
issued to test Blue Biofuels' CTS technology for processing certain
agricultural and cellulosic waste into bioproducts.
This patented and
proprietary technology system could be the answer to the biofuels
revolution producing billions of gallons a year and making green
energy production a reality while propelling BIOF to the top of
what is estimated to be a $248 Billion biofuel market segment.
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