Carbon Sciences the developer of a breakthrough technology to transform carbon dioxide (CO2) emissions into gasoline and other fuels, announced that CleanTech Brief featured an article on the company’s breakthrough technology.
CleanTech Brief reports of the latest news on cleantech-focused hedge funds, private equity funds, venture capital vehicles, sovereign wealth funds and mutual funds, as well as the hottest investment ideas and the best new technologies. The full article can be viewed at: http://cleantechbrief.com/
In the featured article, Byron Elton, President and COO of Carbon Sciences, discussed the four major value propositions of Carbon Sciences’ technology:
First, it provides the most direct path from carbon emissions to fuel.
Second, it answers the timeless advertising question, “Is the juice worth the squeeze?” Science has known how to turn CO2 into fuel for some time, but until now, the process has been prohibitively expensive, with the resulting fuel carrying a $500 to $600 per gallon price tag. Carbon Sciences believes fuel produced its way would be competitive with ethanol, which sells for about $1.65 per gallon.
Third, the result is “the same gas that goes into cars, the same jet fuel that goes into planes,” meaning no changes in infrastructure will be required. In contrast, he cites the example of ethanol, which corrodes traditional fuel pipes.
Finally, Elton points to the scalability of Carbon Sciences’ technology, which he says is “extraordinary.” In 2006, 26 billion metric tonnes of CO2 were released into the atmosphere — by 2030, this is expected to reach 42 billion metric tonnes. If you consider only the largest emitters — coal-fire plants — and imagine converting only half their expected 2030 emissions to fuel, you could produce enough fuel to meet 30% of the world’s needs, says Elton.
Carbon Sciences Inc. is developing a breakthrough technology to transform carbon dioxide (CO2) emissions into fuels such as gasoline, diesel fuel, jet fuel and other portable fuels. Innovating at the intersection of chemical engineering and bio-engineering disciplines, we are developing a highly scalable biocatalytic process to meet the fuel needs of the world. Our solution to energy and climate challenges is a sustainable world of fuel consumption and climate stability by transforming CO2 into fuel. For example, Carbon Sciences’ breakthrough technology can be used to transform CO2 emitted from fossil fuel power plants into gasoline to run cars and jet fuel to fly aircraft. To learn more about the Company, please visit our website at http://www.carbonsciences.com.