1, Feed cows
2. Cows #$%$ a lot
3. Scoop up #$%$
4. Put #$%$ in container - a really big one
5. Close container
6. Vent gas.
7. Compress gas
7. Route gas to service station
8. Put gas in truck
9. Vroom, Vroom, Vroom
10, Collect money
11. Go back to step 1.
This is how I break down the news release into simple yet somewhat quantifiable terms.
Redeem will be sold directly to fleets around the country and at 35 California public fuel stations for the same price as compressed natural gas, or CNG. Because it is renewable, Redeem qualifies for federal renewable fuel credits.
Natural gas made from waste streams produces far fewer carbon emissions than conventional natural gas, a benefit that could help Clean Energy attract new customers, Macquarie analyst Matthew Blair said in a client note.
Clean Energy sold 8.9 million gasoline equivalent gallons of renewable natural gas last year, according to a regulatory filing. It said in Thursday's statement that it plans to sell 15 million gallons of Redeem in the fuel's first year.
The company produces the renewable gas at facilities in Texas and Michigan and is building a third facility in Tennessee. It is also sourcing the gas from third parties.
1) The major expense for many businesses is vehicle fuel
2) The EPA and CARB want clean renewable sources
3) The US needs energy independence
4) Trucking companies are sensitive to environmental pressures to be green
5) New natural gas engines are now being launched by top notch companies
.you may have left out
....5) get enough subsidies from uncle Sam so that it covers their high corporate expenses and have nothing left for shareholders. Do they REALLY care about shareholders? But as you heard, the chief mentioned multiple times on interviews "we don't need gov help!" We are on our way SOON, the latest was on the VERGE. Is he afraid to mention subsidies because of his affiliation? Is he an hypocrite? He should be reminded that his main duty is to work and enhance shareholders value NOT HIS OWN NOR the CLUB.