Monday, March 31, 2014

Can you make gasoline that slows down global warming? Google Ventures thinks so | The Verge

Can you make gasoline that slows down global warming? Google Ventures thinks so | The Verge: "The company is also being careful not to rely on any plants that double as food sources: for instance, corn, which can be used to create ethanol and saw a number of volatile price spikes in recent years. It's also trying to diversify its revenue streams, selling its product as a blend to be mixed in with traditional gasoline, diesel, and jet fuel. It sells the biochar to farmers and is looking at using it for cleaning chemicals out of polluted water as well. Finally, the company is planning to sell carbon credits. "The fossil fuel companies know they will be obligated to obtain these renewable fuel credits," says Janzen. "So we are a technology that helps their current business last longer." In exchange Cool Planet gets customers and can rely on the infrastructure that companies like BP and ConocoPhillips have already put in place."

'via Blog this'

No comments:

Post a Comment