(News release from CABN)
Company’s Technology Poised to help Eliminate World’s Petroleum Dependency by Producing Gasoline from a Combination of Natural Gas and Carbon Dioxide
Santa Barbara, CA - June 7, 2010 - Carbon Sciences, Inc. (CABN), the developer of a breakthrough technology to transform greenhouse gases into gasoline and other portable fuels, today announced the filing of the first of a series of patent applications for its highly scalable clean-tech CO2 based Gas to Liquids (GTL) fuel technology for transforming a combination of natural gas and carbon dioxide (CO2) directly into gasoline.
This first patent application discloses the design and manufacturing of a novel chemical catalyst that converts methane gas and carbon dioxide gas (CO2) directly into gasoline. These greenhouse gases can be sourced from natural gas fields or human made coal-fired power plants, landfill gas, municipal waste, and even algae.
“This heralds a new era for Carbon Sciences and means that our plan for delivering a market-ready technology could be delivered as soon as next year,” said Byron Elton, CEO of Carbon Sciences. “The ongoing tragic events involving BP’s unchecked flow of oil into the Gulf of Mexico further underscores the urgent need to reduce and eliminate our addiction to petroleum, foreign and domestic. Carbon Sciences’ breakthrough technology takes us closer to a world without petroleum by essentially transforming pollution into energy.”
Today’s announcement is related to the most important module of the company’s previously announced end-to-end CO2 to fuel system that recycles raw CO2 flue emissions from carbon emitters like coal-fired power plants directly into gasoline and other portable fuels. The new module under development is designed to be a standalone system to substantially shorten the timeline to commercialization, and reduce the overall systems and operating costs and produce a fuel that can be used in the existing infrastructure, supply chain and vehicles.
Dr. Naveed Aslam, the company’s Chief Technology Officer, commented, “We are very excited about the standalone commercialization of our CO2-GTL Gasoline module. This system will provide a sizable part of the energy industry with an immediate clean-tech solution for the energy and climate challenges we face. Unlike other technologies, such as those for algae biofuels, that may require decades for commercial deployment, our plan for delivering a market-ready technology may be available as soon as early next year. Within a short period of time, we believe that the world can stop drilling for oil and start converting natural gas and greenhouse gases to gasoline.”
Mr. Elton added, “The clear and short path to commercialization with this new CO2 based gas to liquids technology makes it our singular focus for the next twelve to eighteen months. The company’s website has been updated to reflect this strategy and focus.”
To imagine a world without petroleum and learn more about Carbon Sciences’ breakthrough technology, please visit www.carbonsciences.com.
About Carbon Sciences, Inc.
Carbon Sciences, Inc. is developing a breakthrough CO2 based gas-to-liquids technology to transform greenhouse gases into liquid portable fuels, such as gasoline, diesel and jet fuel. Innovating at the forefront of chemical engineering, we are developing highly scalable clean-tech processes to produce liquid fuels from naturally occurring or human-made greenhouse gas emissions. From sources such as natural gas fields, refinery flare gas, landfill gas, municipal waste, algae and other biomass, there is an abundant supply of inexpensive feedstock available to produce large and sustainable quantities of liquid fuel to replace petroleum for global consumption, thereby eliminating our dependence on petroleum. To learn more about the Company, please visit our website at carbonsciences.com.
Disclosure: own CABN - a speculative penny stock.
Editors note: Carbon Sciences Inc (CABN-OTC) is developing a new breed of "Nano-Reactor" that should revolutionize the nascent carbon capture and conversion industry allowing for the commercialization of converting carbon emissions (from coal and oil fired industries and from natural gas ie: from landfills) directly into usable gasoline, "without" using high energy heat.
The company has already demonstrated it's technology works, and expects to have a working reactor by the end of Q3 2010. The sector is now referred to as Gas to Liquids or "GTL" and it is growing. The company's president, Byron Elton, was recently interviewed by Ally Velchie on CNN Business and that interview can be found at: http://www.carbonsciences.com/01/youtubeplayer.html
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