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Carbon Sciences Announces Major Breakthrough to Recycle CO2 Into Gasoline
New Process Technologies Also Shorten Time to Market and Reduce System and Operating Costs
| Quelle: Carbon Sciences Inc.
SANTA BARBARA, CA--(Marketwire - January 25, 2010) - Carbon Sciences Inc. (OTCBB : CABN )
(CABN), the developer of a breakthrough technology to recycle carbon
dioxide (CO2) emissions into gasoline and other portable fuels, today
announced the development of certain process technologies that will allow
for the production of gasoline, shorten the time to commercialization and
reduce the system and operating costs of its CO2-to-Fuel technology.
The company's current approach is an enzyme-based process used to transform
CO2 into low-level fuels, such as methanol. Dr. Naveed Aslam, chief
technology officer of Carbon Sciences, has now discovered a new and more
cost efficient process to produce gasoline, a
high-level fuel, from CO2. The key features of this breakthrough includes
(1) the of use flue emissions directly from coal-fired power plants or
industrial factories, eliminating the need for "clean" CO2, (2) the use of
brackish water, eliminating the need for distilled freshwater as the source
of hydrogen and reaction medium, (3) mild operating conditions, eliminating
the need for capital intensive stainless steel equipment, and (4) a highly
scalable system to transform large quantities of CO2 into gasoline for use
in the existing transportation infrastructure.
Elaborating on the business implications of this new breakthrough, Byron
Elton, CEO of Carbon Sciences, said, "We always wanted to produce
high-level fuels, such as gasoline, but knew that additional steps would be
required to reach this goal. Now, we have the way to go directly to
gasoline." Mr. Elton commented further, "The United Nations' IPCC estimates
that the cost of simply capturing CO2 for applications, such as underground
sequestration or transformation into products, can range from $45 to $73
per ton of CO2. This cost is perhaps the single biggest economic barrier to
any large-scale CO2 applications, such as carbon sequestration. However, by
being able to use a raw CO2 flue gas stream in our CO2-to-Fuel technology,
we are no longer dependent on the success or commercial availability of
carbon capture systems. In addition, unlike biofuels based on growing
plants to absorb CO2 from the air, our CO2-to-Fuel process is an industrial
process that can produce fuel in minutes to hours, not months to years, to
meet the demands of the world. These breakthroughs demonstrate why we
continue to believe that Carbon Sciences is developing the most powerful
and sustainable fuel technology in the world."
Commenting on the development roadmap, Dr. Aslam stated, "We are very
excited about these new processes. Our end-to-end CO2 to fuel system will
have several modules. We have determined that one of these modules can
function as a standalone system for use by a sizable part of the energy
industry for the production of gasoline. Inquiries from potential strategic
partners have further validated our decision to focus on this module. We
are anticipating a shorter than normal development cycle for this module
and are hoping to achieve commercialization in less than one year."
About Carbon Sciences Inc.
Carbon Sciences Inc. is developing a breakthrough technology to recycle
carbon dioxide (CO2) emissions into the basic fuel building blocks required
to produce gasoline, diesel fuel, jet fuel and other fuels. Innovating at
the intersection of chemical engineering and bio-engineering disciplines,
we are developing a highly scalable biocatalytic process to meet the fuel
needs of the world. Our solution to energy and climate challenges is to
enable a sustainable world of fuel consumption and climate stability by
recycling CO2 into fuel. For example, Carbon Sciences' breakthrough
technology can be used to recycle CO2 emitted from fossil fuel power plants
into gasoline to run cars and jet fuel to fly aircraft. To learn more about
the Company, please visit our website at http://www.carbonsciences.com
Safe Harbor Statement
Matters discussed in this press release contain statements that look
forward within the meaning of the Private Securities Litigation Reform Act
of 1995. When used in this press release, the words "anticipate,"
"believe," "estimate," "may," "intend," "expect" and similar expressions
identify such statements that look forward. Actual results, performance or
achievements could differ materially from those contemplated, expressed or
implied by the statements that look forward contained herein, and while
expected, there is no guarantee that we will attain the aforementioned
anticipated developmental milestones. These statements that look forward
are based largely on the expectations of the Company and are subject to a
number of risks and uncertainties. These include, but are not limited to,
risks and uncertainties associated with: the impact of economic,
competitive and other factors affecting the Company and its operations,
markets, product, and distributor performance, the impact on the national
and local economies resulting from terrorist actions, and U.S. actions
subsequently; and other factors detailed in reports filed by the Company.