Global Clean Energy (GCEH) 0.0045 $GCEH
CARB Issues
Global Clean Energy (GCEH) 0.0045 $GCEH
CARB Issues First-Of-Its-Kind LCFS Pathway for Sustainable Oils' Patented Camelina
GlobeNewswire - Thu Feb 05, 2:01AM CST
Sustainable Oils Inc., a wholly owned subsidiary of Global Clean Energy Holdings, Inc. (OTCBB:GCEH), has been issued a first-of-its-kind feedstock-only pathway by the California Air Resources Board for the production of Camelina-based fuels under the Low Carbon Fuel Standard (LCFS). The pathway, when combined with a specific processors production profile, will produce the lowest carbon intensity (CI) virgin oil-based fuel available in the marketplace. Camelina-based biodiesel at a CI of approximately 19 g/MJ can be produced at a fraction of soy (83 g/MJ) or canola (63 g/MJ) based biofuels. Camelina's extremely low CI will allow obligated parties in California to meet their reduction targets using a fraction of the biofuel otherwise required. The pathway only applies to Sustainable Oils' US Patent and Trademark Office-registered seed varieties - no other Camelina seed or oil can be used to produce LCFS compliant fuel. The feedstock-only CI is 7.58 g/MJ. When combined with ARB's generic North American producer profile, the feedstock-only pathway produces biodiesel and renewable diesel at CIs of approximately 19.1 and 18.7, respectively. Lower CIs can be achieved by processors with more efficient production profiles.
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