GREY:XEBEQ - Post by User
Comment by
FillingMyBootson Oct 09, 2019 8:57am
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Post# 30211104
RE:Here's the Dealio
RE:Here's the Dealio I knew you were being facetious .. with my first post last night I was responding to 'nobodyreadthis' the original poster who felt it was 'pointing down' ... and who's moniker makes me chuckle ...reminiscent of when my youngest son was around 2yrs old and I caught him up to his elbows in the Nutella jar smearing it all over his face he looked up at me and said "Don't see me" LOL
I said tradng 6 yrs but I did not say I am a young man ... 5 kids & a grandchild to arriving in Dec and yes very much thinking of them as I toil in the markets ...semi-retired as of 3 1/2 years ago I do not need but perhaps they will .. and so I have the time and enjoy being in tune with the markets but certainly have never done so to the capacity you have and it was not my career
With headlines like this one nearly everyday around the globe it leaves very little doubt this is a VERY high growth sector and that Xebec is coming of age
https://www.bioenergy-news.com/news/us-department-of-energy-announces-73-million-fund-for-bioenergy-rd-projects/ US Department of Energy announces $73 million fund for bioenergy R&D projects
The US Department of Energy (DOE) has announced $73 million (€66.8 million) in funding for bioenergy research and development (R&D) projects. A total of 35 projects will be funded through the DOE’s Office of Energy Efficiency and Renewable Energy, to ‘help reduce the price of drop-in biofuels, lower the cost of biopower and enable high-value products from biomass or waste resources’.
US Energy Secretary Rick Perry said: “The main goal of DOE’s bioenergy R&D is to produce affordable biofuels that are compatible with existing fuelling infrastructure and vehicles across a range of transportation modes, including renewable gasoline, diesel and jet fuels.
“These projects will reduce the price of drop-in biofuels, lower the cost of biopower, and enable high-value products from biomass or waste resources, while creating American jobs and strengthening our economy and energy security.”
According to a statement by DOE, the US has the potential to produce one billion dry tonnes of non-food biomass without disrupting agricultural markets for food and animal feed. The DOE claims this ‘underutilised’ resource could be used to produce 50 billion gallons of biofuels, equivalent to 25% of US transportation fuels, 50 billion pounds of high-value chemicals and products and 75 billion kWh of electricity – enough to power seven million homes.