It is not just enough to produce green fuel but one must also consider the economic implications that come attached with it. It is not just a laboratory experiment which is funded by the government, but true solutions in the real world are the ones that actually work when they enter the market. One can produce the greenest possible fuel source and can claim to have done the planet a huge favor but all that means absolutely nothing if it does not translate in to real viable product in the commercial market. As a sports fan, it is akin to your rookie having the potential converting it to performance or a franchise converting its fan base in to pay per view buys.
Silverado has come up with a new green fuel that is not just one of those expensive new alternate sources of energy which is mostly beyond the reach of the majority, but a way that reduces the price of oil in the international market. Yes, it is not only eco-friendly but also cheaper than your conventional oil. If these claims are indeed true, then we might, just might see the prices of crude oil drop in near future! Would that not be one heck of a sight?
Despite escalating costs for equipment and materials caused by runaway fuel costs, Silverado estimates that its Green Fuel can be produced commercially for under $20 per barrel, on an oil equivalent energy basis. The current price is good $110 per barrel. Costs are coal and site specific. Given that Green Fuel costs will be only a fraction of oil prices, profit margins are expected to be significant. Silverado Green Fuel will be commercially produced virtually emission free in respect to particulate matter, sulfur, and heavy metals. CO2 generated during production can be recovered efficiently and sold for enhanced oil recovery.
Green Fuel can be used to power oil-fired power plants and industrial boilers. It is also a good feedstock for some advanced gasifiers to produce synthesis gas, which can be fired in turbines to generate power in IGCC plants and catalytically reacted to yield transportation fuels, petrochemicals and fertilizers. Synthesis gas can be further processed to yield only hydrogen, the only feedstock that truly does not produce any CO2 when combusted or reacted in fuel cells. If this indeed works out and rolls out in to the market, then this might just be the best invention of the decade!
