Can Eco Global Fuels help clean up the coal industry?
Yes We Can! …and in a profitable way that constitutes a true win-win for all parties.
Coal is primarily used as a solid fuel to produce electricity and heat through combustion. World coal consumption was about 6.75 billion short tons in 2006 and is expected to increase 48% to 9.98 billion short tons by 2030. China produced 2.38 billion tons in 2006. India produced about 447.3 million tons in 2006. 68.7% of China's electricity comes from coal. The USA consumes about 14% of the world total, using 90% of it for generation of electricity.
How can the EGF Hydroxy Hydrogenation Process help to create "Clean Coal"?
Eco Global Fuels (EGF) is modeled to work in partnership with natural gas and coal-based power industries that would have to be retrofitted and converted to enviro-oxygen fired to produce a concentrated fossil carbon dioxide flu gases.
The enviro-oxygen as a byproduct of the Solanol process is then combusted with coal or gas fired power stations instead of “air”, being the current practice.
Therefore the flu gases produced by coal and gas fired power stations using enviro-oxygen, will now consist of mainly fossil concentrated carbon dioxide that can easily be disposed of now, economically, and/or if necessary via a single desk carbon cap-trade permit utilized to produce Solanol.
The current cost of removing this fossil carbon dioxide component vented from the flu gases is a major technical-cost-deficit problem. This technical-cost-deficit is now overcome by introducing enviro-oxygen, to the combustion and emission stream to produce electrical power, making enviro-oxygen as a commodity a valuable by-product of the Solanol process.
This invention has the capability to save these industries billions of dollars in regulatory penalties by reducing their carbon footprint,
or they will pay per ton for their emission behavior.
The licensing potential for such an arrangement is enormous, not to mention the resulting benefit to the environment.
Are “clean” coal plants really clean?
In reality, there is no such thing as "clean" coal. Coal power plants emit carbon dioxide, the pollutant responsible for causing the climate crisis. A third of the United States’ carbon pollution now comes from about 640 coal/gas-fired power plants, that being 1.65 billion tons of fossil carbon dioxide that is emitted into the atmosphere annually from the USA . And of the 70-plus proposed new coal power plants, less than a handful have plans to capture and store their carbon dioxide emissions. If these dirty plants are built, an additional 200 million tons of global warming pollution will be emitted by the United States each year.
Until coal and gas power plants are retrofitted and converted to enviro-oxygen fired instead of with air, to produce a concentrated fossil carbon dioxide flu gases, and stop releasing carbon dioxide into the atmosphere, coal will remain a major emission contributor to global warming.
The cliché notion of “clean coal” as an oxymoron will remain so if the emissions of burnt coal are not addressed with feasible technological elegance, and plausible cost economics.
If the solution is not cost effective it is not doable. EGF to the rescue!
Are we depleting our crude oil reserves?
Yes. The following graphs illustrate the projected remaining world crude oil and shale reserves as well as their projected rate of consumption from 1920 to 2100. At the present and future calculated rate of consumption, a depletion of these reserves will occur by 2065. The graphs also indicate that our ability to maintain and increase production of crude oil and shale oil peaked in 2000.