{"id":27468,"date":"2015-08-10T04:15:33","date_gmt":"2015-08-10T02:15:33","guid":{"rendered":"https:\/\/rss.nova-institut.net\/public.php?url=http%3A%2F%2Fbiomassmagazine.com%2Farticles%2F12272%2Fepa-paves-the-way-for-algenolundefineds-carbon-reduction-technology"},"modified":"2021-09-09T21:44:19","modified_gmt":"2021-09-09T19:44:19","slug":"epa-paves-the-way-for-algenols-carbon-reduction-technology","status":"publish","type":"post","link":"https:\/\/renewable-carbon.eu\/news\/epa-paves-the-way-for-algenols-carbon-reduction-technology\/","title":{"rendered":"EPA paves the way for Algenol\u2019s carbon reduction technology"},"content":{"rendered":"<p><strong>Fort Myers, Florida (August 3, 2015) \u2013 At a White House ceremony, President Obama announced his revised CO<sub>2<\/sub> rule for\u00a0electric power plant emissions. The President&#8217;s revised Clean Power Plan rule acknowledges for the first time the value of carbon utilization, the cornerstone of Algenol\u2019s Direct to Ethanol technology, as a method for utilities to reduce emissions from electricity production and comply with the Clean Air Act requirements for CO<sub>2<\/sub> emissions.<\/strong><\/p>\n<p>\u201cI want to acknowledge President Obama\u2019s leadership to clean up power plant emissions of CO<sub>2<\/sub> pollution from electricity production by issuing this rule,\u201d commented Paul Woods, founder and CEO of Algenol. \u201cOur carbon utilization technology turns the economic and environmental liability of carbon pollution into low carbon fuels and revenue for ratepayers. It reduces the costs of emissions and improves our environment, creating a win-win for utilities and ratepayers,\u201d Woods added.<\/p>\n<p>The new recommendation just announced by the White House offers power plants an easier, more cost effective way to comply with President Obama\u2019s Clean Power Plan. The EPA has now added utilization as a method states and utilities will be able to deployfor effectively cutting carbon emission from electric power production.<\/p>\n<p>The Clean Power Plan sets federal guidelines for states to follow in order to cut carbon emissions by 32 percent before 2030. Today\u2019s Clean Power Plan rule announcement says, \u201cstate plans may allow affected EGUs to use qualifying CCU (carbon capture utilization) technologies to reduce CO<sub>2<\/sub> emissions that are subject to an emission standard\u2026\u201d The rule further notes, \u201cstate plans may allow affected EGU\u2019s to use qualifying CCU technologies to reduce CO<sub>2<\/sub> emission,\u201d and \u201cemission goals would require a better understanding of the ultimate fate of the captured CO<sub>2<\/sub> and the degree to which the method permanently isolates the captured CO<sub>2<\/sub> or displaces other CO<sub>2<\/sub> emission from the \u00a0atmosphere.\u201d<\/p>\n<p>Algenol\u2019s technology is the leading qualified and patented solution to utilize power plant emissions to produce renewable fuels.\u00a0 In 2015, the EPA issued Algenol a Renewable Fuels Standard pathway for its Direct-to-Ethanol<sup>\u00ae<\/sup> process.<\/p>\n<p>Algenol\u2019s technology displaces fossil fuels with a renewable and sustainable fuel, which according to an independent study by the EPA, reduces lifecycle greenhouse gasemissions by 69%, compared to \u00a0gasoline.<\/p>\n<p>Power plants are by far the largest source of greenhouse gas emissions in the United States. According to the EPA, CO<sub>2<\/sub> alone is responsible for 84% of the greenhouse gas problem. More than a third of that comes straight from existing power plants. Just $2 worth of CO<sub>2<\/sub> can make seven barrels of fuel. Carbon utilization helps policymakers achieve climate goals\u00a0with real CO<sub>2<\/sub> reductions. Electric utilities and consumers avoid heavy costs of CO<sub>2<\/sub> capture and underground storage or\u00a0sequestration.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Clean Power Plan rule acknowledges for the first time the value of carbon utilization, the corne&#8230;<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"","nova_meta_subtitle":"","footnotes":""},"categories":[5572,5571],"tags":[],"supplier":[1325,3377,1214],"class_list":["post-27468","post","type-post","status-publish","format-standard","hentry","category-bio-based","category-co2-based","supplier-algenol","supplier-the-white-house","supplier-united-states-environmental-protection-agency-epa"],"_links":{"self":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/27468","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/comments?post=27468"}],"version-history":[{"count":0,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/27468\/revisions"}],"wp:attachment":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/media?parent=27468"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/categories?post=27468"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/tags?post=27468"},{"taxonomy":"supplier","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/supplier?post=27468"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}