Carbon Sciences Inc. (CABN.OB), the developer of a breakthrough technology to transform carbon dioxide (CO2) emissions into gasoline and other fuels, recently announced the potential benefits of the Obama administration on the company’s future growth. The President-elect is expected to support legislation for the development of renewable energy sources. In fact, industry insiders forecast that legislation may come early next year to speed a transition to an economy fueled by renewable energy sources.
Obama’s administration is not only looking to overhaul the current U.S. energy policies but plans to strategically invest $150 billion over 10 years in a clean energy economy that will help the private sector create 5 million new green jobs through his “New Energy for America” plan. Additionally, this plan will support the production of synthetic petroleum from sustainable feed stocks in order to break American addiction to oil while at the same time creating millions of green jobs for the American people, which will ultimately ensure long-term economic prosperity.
Derek McLeish, chief executive officer of Carbon Sciences, recently stated, “The world is highly dependent on the existing transportation and fuel delivery infrastructure. Carbon Sciences’ technology enables a sustainable world of fuel consumption and climate stability by transforming CO2, a massive byproduct of fuel usage, into a synthetic petroleum fuel. For example, our technology can be used to transform CO2 from fossil fuel power plants into gasoline to run cars and jet fuel to fly aircraft. He concluded, “The timing for our technology couldn’t be better and we look forward to the highly anticipated legislative changes next year in support of renewable energy technology.”
About QualityStocks:
QualityStocks’ Small Cap Stock Newsletter is a free service that collects data from hundreds of Small-Cap online Investment Newsletters into one free Daily Newsletter Report.
Sign up for “The QualityStocks Daily Newsletter” please visit www.QualityStocks.net
The Quality Stocks Daily Stock Report http://video.qualitystocks.net
The Quality Stocks Daily Blog http://blog.qualitystocks.net
The Quality Stocks “Ones to Watch” http://Gotstocks.QualityStocks.net
Please see disclaimer on QualityStocks website: http://disclaimer.qualitystocks.net
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment