Link!?
You said $220 CHDN target I thought.
Edit>>> oh ok. You're out of chdn. I saw it.
GBA Presents: RADIO SAVANT-!
- Thread starter stonedinvestor
- Start date
You said $220 CHDN target I thought.
Edit>>> oh ok. You're out of chdn. I saw it.
Trees are often the answer to everything.
Comstock Mining Inc.
Breakthrough Unlocks Massive New Feedstock Model for Net Zero Energy Independence
VIRGINIA CITY, Nev., July 18, 2022 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) (“Comstock” and the “Company”) today announced a significant expansion of its leading cellulosic technology portfolio by filing for a new patent covering breakthrough pathways to produce renewable diesel, marine, sustainable aviation fuel (“SAF”) and gasoline from woody biomass, at dramatically improved yield, efficiency, and cost in comparison to all known methods. These technology advancements enable a new sustainable feedstock capable of neutralizing a substantial share of current U.S. mobility emissions.
Renewable fuels provide a critical opportunity for decarbonization, however, most of the existing U.S. renewable fuel refineries draw from the same limited pool of constrained feedstocks. Comstock’s plans to decarbonize with renewable fuels involves abundant feedstocks that are not used today, enabling a vast untapped energy source with superior benefits.
“Our new patent covers processes and compositions that have been validated at our existing two ton per day cellulosic fuels pilot facility, verifying that our process can simultaneously produce multiple purified biointermediates that are uniquely isolated and free of the contaminants that have frustrated prior attempts at commercializing cellulosic fuel technologies,” said Corrado De Gasperis, Comstock’s Executive Chairman and Chief Executive Officer.
Based on current performance data, Comstock projects best-in-class renewable fuel yields exceeding 80 gallons per dry ton (on a gasoline gallon equivalent basis), with lifecycle greenhouse gas emissions reductions well exceeding 80% over petroleum.
“Our performance is better than the best current processes can deliver,” added David Winsness, President of Comstock’s renewable fuels business. “We achieve those results by enabling dramatically higher yields from a far more abundant feedstock, resulting in purified biointermediates that are highly amenable to producing renewable fuels using existing infrastructure.”
Comstock’s technology unlocks vast quantities of historically unused and under-utilized feedstocks. The Department of Energy’s National Renewable Energy Lab has published estimates that the U.S. produces up to100 million tons per year of sawmill and forestry residuals alone. That biomass is sufficient to produce 8 billion gallons per year (“BGY”) of drop-in fuels by utilizing Comstock’s technology.
De Gasperis concluded, “The existing U.S. refining capacity is far greater than current feedstocks can support. We believe that our expanded technology solutions, and the magnitude of feedstocks that they enable, unblock one of the most critical supply chain constraints for providing a massive renewable fuel solution across the U.S. and global mobility markets.”
About half of America’s historical forestlands were clear cut for less productive uses. Restoring and using just about a quarter of that amount, or approximately 140 million acres, to sustainably grow, harvest, and replant fast-growing trees for use in producing renewable fuels would be sufficient to permanently neutralize more than 40% of America’s mobility emissions.
Comstock Mining Inc.
Breakthrough Unlocks Massive New Feedstock Model for Net Zero Energy Independence
VIRGINIA CITY, Nev., July 18, 2022 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) (“Comstock” and the “Company”) today announced a significant expansion of its leading cellulosic technology portfolio by filing for a new patent covering breakthrough pathways to produce renewable diesel, marine, sustainable aviation fuel (“SAF”) and gasoline from woody biomass, at dramatically improved yield, efficiency, and cost in comparison to all known methods. These technology advancements enable a new sustainable feedstock capable of neutralizing a substantial share of current U.S. mobility emissions.
Renewable fuels provide a critical opportunity for decarbonization, however, most of the existing U.S. renewable fuel refineries draw from the same limited pool of constrained feedstocks. Comstock’s plans to decarbonize with renewable fuels involves abundant feedstocks that are not used today, enabling a vast untapped energy source with superior benefits.
“Our new patent covers processes and compositions that have been validated at our existing two ton per day cellulosic fuels pilot facility, verifying that our process can simultaneously produce multiple purified biointermediates that are uniquely isolated and free of the contaminants that have frustrated prior attempts at commercializing cellulosic fuel technologies,” said Corrado De Gasperis, Comstock’s Executive Chairman and Chief Executive Officer.
Based on current performance data, Comstock projects best-in-class renewable fuel yields exceeding 80 gallons per dry ton (on a gasoline gallon equivalent basis), with lifecycle greenhouse gas emissions reductions well exceeding 80% over petroleum.
“Our performance is better than the best current processes can deliver,” added David Winsness, President of Comstock’s renewable fuels business. “We achieve those results by enabling dramatically higher yields from a far more abundant feedstock, resulting in purified biointermediates that are highly amenable to producing renewable fuels using existing infrastructure.”
Comstock’s technology unlocks vast quantities of historically unused and under-utilized feedstocks. The Department of Energy’s National Renewable Energy Lab has published estimates that the U.S. produces up to100 million tons per year of sawmill and forestry residuals alone. That biomass is sufficient to produce 8 billion gallons per year (“BGY”) of drop-in fuels by utilizing Comstock’s technology.
De Gasperis concluded, “The existing U.S. refining capacity is far greater than current feedstocks can support. We believe that our expanded technology solutions, and the magnitude of feedstocks that they enable, unblock one of the most critical supply chain constraints for providing a massive renewable fuel solution across the U.S. and global mobility markets.”
About half of America’s historical forestlands were clear cut for less productive uses. Restoring and using just about a quarter of that amount, or approximately 140 million acres, to sustainably grow, harvest, and replant fast-growing trees for use in producing renewable fuels would be sufficient to permanently neutralize more than 40% of America’s mobility emissions.
Where does it say it only costs 2X to make?Trees are often the answer to everything.
Comstock Mining Inc.
Breakthrough Unlocks Massive New Feedstock Model for Net Zero Energy Independence
VIRGINIA CITY, Nev., July 18, 2022 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) (“Comstock” and the “Company”) today announced a significant expansion of its leading cellulosic technology portfolio by filing for a new patent covering breakthrough pathways to produce renewable diesel, marine, sustainable aviation fuel (“SAF”) and gasoline from woody biomass, at dramatically improved yield, efficiency, and cost in comparison to all known methods. These technology advancements enable a new sustainable feedstock capable of neutralizing a substantial share of current U.S. mobility emissions.
Renewable fuels provide a critical opportunity for decarbonization, however, most of the existing U.S. renewable fuel refineries draw from the same limited pool of constrained feedstocks. Comstock’s plans to decarbonize with renewable fuels involves abundant feedstocks that are not used today, enabling a vast untapped energy source with superior benefits.
“Our new patent covers processes and compositions that have been validated at our existing two ton per day cellulosic fuels pilot facility, verifying that our process can simultaneously produce multiple purified biointermediates that are uniquely isolated and free of the contaminants that have frustrated prior attempts at commercializing cellulosic fuel technologies,” said Corrado De Gasperis, Comstock’s Executive Chairman and Chief Executive Officer.
Based on current performance data, Comstock projects best-in-class renewable fuel yields exceeding 80 gallons per dry ton (on a gasoline gallon equivalent basis), with lifecycle greenhouse gas emissions reductions well exceeding 80% over petroleum.
“Our performance is better than the best current processes can deliver,” added David Winsness, President of Comstock’s renewable fuels business. “We achieve those results by enabling dramatically higher yields from a far more abundant feedstock, resulting in purified biointermediates that are highly amenable to producing renewable fuels using existing infrastructure.”
Comstock’s technology unlocks vast quantities of historically unused and under-utilized feedstocks. The Department of Energy’s National Renewable Energy Lab has published estimates that the U.S. produces up to100 million tons per year of sawmill and forestry residuals alone. That biomass is sufficient to produce 8 billion gallons per year (“BGY”) of drop-in fuels by utilizing Comstock’s technology.
De Gasperis concluded, “The existing U.S. refining capacity is far greater than current feedstocks can support. We believe that our expanded technology solutions, and the magnitude of feedstocks that they enable, unblock one of the most critical supply chain constraints for providing a massive renewable fuel solution across the U.S. and global mobility markets.”
About half of America’s historical forestlands were clear cut for less productive uses. Restoring and using just about a quarter of that amount, or approximately 140 million acres, to sustainably grow, harvest, and replant fast-growing trees for use in producing renewable fuels would be sufficient to permanently neutralize more than 40% of America’s mobility emissions.
- “We used about 100 million liters of sustainable aviation fuel in 2021,” Willie Walsh tells CNBC.
- The environmental footprint of aviation is considerable, with the World Wildlife Fund describing air travel as “currently the most carbon intensive activity an individual can make.”
It's happening NOW!
Sustainable aviation fuels can play small but important part in tackling emissions, IATA says
Sustainable aviation fuel’s main challenge relates to volume rather than airlines’ desire to use it, and consumers will be willing to pay the extra costs associated with its uptake, the director general of the International Air Transport Association told CNBC Friday.
“I think quantity is the main issue at the moment,” Willie Walsh, who was speaking to “Squawk Box Europe” on Friday morning, said.
“We used about 100 million liters of sustainable aviation fuel in 2021 — that’s a very small amount compared to the total fuel required for the industry.”
Looking ahead, Walsh said airlines had ordered 14 billion liters of SAF. “I think that addresses the issue of whether airlines will buy the product,” he said. Tell Van.
Walsh noted this was happening even though the price of SAF was “about two and a half times the price of jet kerosene. When you factor in the cost of carbon, you’re looking at maybe … twice the price of kerosene.”<-----
While there appears to be some demand for SAF, meeting it is another question entirely and its road to dominance in the sector looks to be a long one.
With “appropriate government policy support,” IATA says it expects to see SAF production hit 7.9 billion liters by 2025, which would meet just 2% of the overall fuel requirement. By the middle of the century, the trade association says production would jump to 449 billion liters, or 65% of the sector’s needs.
So a penny stock that switches from mining to turning trees into jet-A.
Don't tell me lemmee guess, it's on a Canadian Exchange.:
Do you think this could be Comstock resources? I used to own about half that company!
By the middle of the century lol.
Well... TSLA will be $300K/share probably.
Ford will be $15
Abbott will be $110
ABB will be $30
Smuckers will be $135
Buy Buy Buy!!!!
Dropping like a rock on "weak F-35 sales".
Good thing they released that news the day before earnings.
It's like our Ledos. $35B contract and the stock falls.
