Only a few publicly traded U.S. companies have focused all their efforts on the bright future of natural gas
Santa Barbara, CA - April 16, 2012 - Carbon Sciences, Inc. (CABN), the developer of a breakthrough technology to make transportation fuels and other valuable products from natural gas, today commented that it is one of only a few publicly traded U.S. companies to focus all its efforts on the bright future of natural gas.
Energy experts believe that natural gas will be the most important energy source for the future. The abundance of natural gas, coupled with its environmental advantages and multiple applications across all sectors, means that natural gas will continue to play an increasingly important role in meeting demand for energy in the U.S.
While companies like Exxon Mobil, Schlumberger and Haliburton stand to benefit from this energy transformation, only a few have a dedicated, pure natural gas focus. Chesapeake Energy Corp., the second largest natural gas producer in the U.S. tops that list, along with Houston based Cheniere Energy, a natural gas exporter. Like these companies, Carbon Sciences has focused all its efforts in the natural gas sector, developing its breakthrough technology to make transportation fuels and other valuable products from natural gas.
Byron Elton, the company’s CEO, stated, “We believe that we have the best catalyst in the world for transforming natural gas into synthetic gas (syngas), the critical first step in making the same types of products currently made from petroleum. In addition to transportation fuels (gasoline, diesel and jet fuel), natural gas can be transformed into other valuable, large volume products, such as hydrogen, methanol, ammonia, solvents, plastics, and detergent alcohols.”
Mr. Elton continued, “We applaud the efforts of those developing alternatives to hydrocarbons. However, until the day arrives when renewables can be delivered at competitive costs and in sufficient quantities to meet our needs, natural gas will be the bridge to the future. Carbon Sciences is committing all of its time, energy and resources to helping build that bridge.”
About Carbon Sciences, Inc.
Innovating at the forefront of chemical engineering, Carbon Sciences is developing a breakthrough technology to make cleaner and greener transportation fuels and other valuable products from natural gas. Our highly scalable, clean-tech process will enable the world to reduce its dependence on petroleum by transforming abundant and affordable natural gas into gasoline, diesel and jet fuel, and other products, such as hydrogen, methanol, pharmaceuticals, solvents, fertilizers, pesticides and plastics. The key to this process is a breakthrough catalyst that can reduce the cost of reforming natural gas into synthetic gas (syngas), the most costly step in making products from natural gas.
To learn more about Carbon Sciences' breakthrough technology, please visit www.carbonsciences.com and follow us on Facebook at http://www.facebook.com/carbonsciences.