CARB, Cool Planet Biofuels
Cool Planet BioFuels announced today it has received approval from the California Air Resources Board (CARB) to begin fleet-testing its negative carbon gasoline. Cool Planet BioFuel's technology converts low-grade biomass -- such as grass and woodchips -- into high-grade fuel. This process also produces a byproduct, which can be used to sequester carbon and act as a soil conditioner. This makes the CoolPlanetBioFuels product a negative carbon fuel. The company's first road tests involve combining negative carbon fuel blendstock with California standard E-10 gasoline to meet California's 2020 goal of a 10% reduction in carbon intensity versus today's standard pump gas.
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