Carbon Sciences Inc. (OTCBB: CABN), the developer of breakthrough technology designed to transform carbon dioxide (CO2) emissions into gasoline and other fuels, announced this afternoon that the online edition of Newsweek magazine featured an exclusive interview with the Companyâ€™s CEO, Derek McLeish and President, Byron Elton.
The two executives were intervied by Newsweek’s Anita Kirpalani in the Newsweek exclusive titled, “Carbon to Burn: Entrepreneurs are trying to recycle carbon from the air by turning it into gasoline.” The article discusses the growing value of carbon as the government and industry begin to invest in technologies to capture carbon from their smokestacks, and entrepreneurs discover ways to recycle it.
“We believe that the world should look at everything it can to reduce the [carbon] footprint, but the world still needs portable fuel and the best way to have that is our [CO2 to fuel] system,” said McLeish.
Mr. Elton stated the biggest advantage of Carbon Sciences’ technology over biofuels is scale. “You can’t grow enough [terrestrial crops] to make a big impact,” he said. “But there is an unbelievable amount of CO2 available. Also, the fuel that we are making [by recycling CO2] goes right back in the existing infrastructure. It is gasoline.”
“The U.S.A. will be a leader in climate change and technology, and the new administration seems to send the right signals about that. The most recent one is that the EPA [Environmental Protection Agency] decided yesterday to make carbon a pollutant. It’s major,” added McLeish.
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