Empowering Alternative Renewable Energy from Disposable Waste (PINK:WTWO.PK)
MiV Investments initiates an independent company profile on W2 Energy, Inc. (PINK:WTWO.PK), which looks to breakthrough within a $23B bio-fuel industry, as a successful alternative renewable energy company amongst worldwide rising oil and energy prices.
Since the dawn of technological advancements, the world has relied on the burning of fossil fuels in order to generate sufficiency and reliability for our energy needs. Most fossil fuels are formed from the remains of long-dead creatures and plants. Buried over the course of hundreds of millions of years, these carbon-based deposits have been converted by heat and pressure over time into such combustible substances as crude oil, coal, natural gas, oil shales and tar sands.
While this has proven to be a cost effective method within the short-run, at current rates, the world uses fossil fuels 100,000 times faster than they can form. The time for alternative renewable energy to emerge from its shackles as a viable and feasible source has long been overdue.
World oil demand is set to rise in 2010, as the price per barrel should see $80. Furthermore, the Minister for Natural Resources, Mines and Energy Stephen Robertson has been advised by the independent Queensland Competition Authority (QCA) of their decision to increase electricity prices by 11.82% for the 2009/10 financial year.
The reason oil prices would likely rise in early 2010, is due to the outlined production cuts by the OPEC crude producers’ cartel since last year. OPEC members, which pump 40 per cent of the world’s oil, agreed in late 2008 to remove a massive 4.2 million barrels of daily output from the market as it sought to prop up crumbling prices. The cartel’s official daily output quota has stood at 24.84 million barrels per day since January but analysts say that compliance with the cuts has slipped over recent months to less than 70 per cent.
Amongst these difficulties, lies the opportunities for W2 Energy, as it has the ability convert the syngas into hydrocarbon liquids (ultra low sulfer diesel, JP8 jet fuel, and/or gasoline). According to David Freund, Vice-President of Business Development, they have been developing this technology for over 9 years and now feel it is the optimal time to let it shine for the rest of the world to witness.
Currently, bio-fuels are capturing about $23 billion of the $1.3 trillion spent each year to power our cars, trucks, airplanes, trains and ships. That’s just two percent of the market with an astounding 98 percent upside. One Brazilian company planning to spend $54 billion on this new fuel by 2010, estimating that the bio-fuel market is set to grow by an estimated 1000%.
The full special report on the company appears today at http://www.stockshaven.com/empowering-alternative-renewable-energy-from-disposable-wastes-pinkwtwo-pk/
Disclosure: Long WTWO
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