Press Release Source: Carbon Sciences Inc. On Monday August 22, 2011, 11:15 am
SANTA BARBARA, CA–(Marketwire -08/22/11)- Carbon Sciences Inc. (OTC.BB: CABN.OB – News), the developer of a breakthrough technology to make gasoline and other fuels from natural gas and carbon dioxide, has been the focus of extensive media coverage by National Geographic and other prominent media outlets as the subject of natural gas as a potential source of transportation fuels increasingly captures the media’s attention.
The use of natural gas to produce gasoline, diesel and jet fuel offers the prospect of freeing the United States from its costly dependence on foreign oil. Carbon Sciences’ breakthrough technology produces a “drop-in” substitute for gasoline and other transportation fuels, meaning that, unlike biofuels or compressed natural gas (CNG), it requires no costly engine modifications or changes to the fuel delivery infrastructure.
Moreover, natural gas, the raw material for producing transportation fuels through Carbon Sciences’ technology, is abundant domestically: the United States has some of the world’s largest reserves even without resorting to the controversial “fracking” drilling technology. The Carbon Sciences technology also uses CO2, the major constituent of greenhouse gases, as a feedstock, thus ridding the atmosphere of a harmful pollutant.
In an August feature in National Geographic — “Carbon Recycling: Mining The Air For Fuel” — Carbon Sciences makes the point that its process — the CO2 reforming, or “dry reforming,” of natural gas — is a “game changer” because it consumes waste CO2: “We believe our approach will be the key to cost-effective transformation of greenhouse gases to fuel on a global scale,” Carbon Sciences CEO Byron Elton is quoted as saying in the article.
“Our breakthrough catalyst continues to set new records,” Elton continued in the article in the influential publication. “During our current run of tests in a commercial facility, we are experiencing conversion efficiency rates that are better than what we observed in the laboratory. The importance of this achievement cannot be overestimated as a high-performance catalyst is absolutely essential for making gasoline from natural gas.”
In a recent AOL Energy op-ed, Elton addressed the U.S. supply of natural gas: “We have more than 2,000 trillion cubic feet of known reserves — enough to meet the gasoline demand for decades using Carbon Sciences’ technology without competing with current natural gas consumption. The supply of CO2 — the other feedstock used in the process — is virtually inexhaustible; the world is expected to produce more than 42 million metric tons of CO2 by 2030.”
These are just two of the recent articles in which Carbon Sciences has been featured as the press increasingly turns its gaze on natural gas as a viable substitute for gasoline and other transportation fuels. Carbon Sciences is in the process of developing fuel for demonstration purposes and expects to license its technology to a strategic partner by the end of the year, with the goal of producing fuel on a commercial basis by 2013.
“The world is finally waking up to the fact that the era of cheap, easy oil is over,” Elton said. “While we can eventually look to the development of renewables, the media attention that Carbon Sciences is receiving is a form of acknowledgement that our technology offers the cheapest, most efficient means of meeting fuel needs in the short term while also contributing to the improvement of the environment through the removal of CO2 from the atmosphere.”
To learn more about Carbon Sciences’ breakthrough technology of transforming greenhouse gases into gasoline, please visit www.carbonsciences.com.
About Carbon Sciences Inc.
Carbon Sciences has developed a proprietary technology to make gasoline and other fuels from natural gas. We believe our technology will enable nations of the world to reduce their dependence on petroleum by cost-effectively using natural gas to produce cleaner and greener liquid fuels for immediate use in the existing transportation infrastructure. Although found in abundant supply at affordable prices in the U.S. and throughout the world, natural gas cannot be used directly in cars, trucks, trains and planes without a massive overhaul of the existing transportation infrastructure. Innovating at the forefront of chemical engineering, Carbon Sciences is developing a highly scalable, clean-tech process to transform natural gas into liquid transportation fuels such as gasoline, diesel and jet fuel. The key to this cost-effective process is a proprietary methane dry reforming catalyst that consumes carbon dioxide. To learn more about Carbon Sciences’ breakthrough technology, please visit www.carbonsciences.com and follow us on Twitter at http://www.twitter.com/carbon_sciences and Facebook at http://www.facebook.com/carbonsciences.
Safe Harbor Statement
Matters discussed in this press release contain statements that look forward within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words “anticipate,” “believe,” “estimate,” “may,” “intend,” “expect” and similar expressions identify such statements that look forward. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the statements that look forward contained herein, and while expected, there is no guarantee that we will attain the aforementioned anticipated developmental milestones. These statements that look forward are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company.
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