News, Information and Insight on Those Public Companies Dedicated to Environmentally Friendly Alternative Energy Sources.

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News, Information and Insight on Those Public Companies Dedicated to Environmentally 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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