Wednesday, January 11, 2012

CARB, Cool Planet Biofuels

Press release on January 11, 2012.

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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