According to new industry reports, the Biomass-to-Energy market is expected to achieve significant growth this year. Since being included in the Energy Independence and Security Act of 2007, it has been one of the strongest potential future energy sources. By 2022, 36 billion gallons of fuel must be made of "renewable" fuels. With the increase in fuel consumption, biomass fuel usage is expected to grow 30% into 2012, with the United States leading the way with 19% of the usage of biofuel. Biomass fuel is currently the 4th largest source of energy used in the world today. Biomass development is needed to ensure a viable alternative to traditional fossil fuels.
The Federal Department of Energy has recently set a goal that 5% of the nation's power, 20% of its transportation and 25% of its chemicals should be supplied from biomass by 2030. Biomass supply logistics will be the largest hurdle in meeting these federally set goals. Green Energy Live will leverage its proprietary gasification technology to help develop and convert livestock waste into clean burning energy.
Furthermore as a result of the global economic crisis, the world is focussing on the effects of global warming and the need to develop long-lasting, clean, but affordable energy sources.
Consequently now is the perfect time to invest in Green Energy Life excellently placed to engage with emerging opportunities, create new ones and position itself at the forefront of the new wave of clean energy solutions, which will guarantee future growth and prosperity. Its is a great time for regional investors to commit capital to the energy sector, Green Energy Life is an emerging business with ever-increasing populations and demands for fuel, this is definitely a sector set for growth for many years to come.
The world has embraced technologies that offer the opportunity for a cleaner planet and healthier people and many companies have emerged to lead this movement, don’t get left behind this evolution.
Karen Clark, President/CEO of Green Energy Live, commented: "Having closed out a very successful year, we are thrilled to see investment in and demand for green energy technology further increase. Green Energy Live intends to become a leading provider of sustainable biowaste-to-energy conversion solutions for America's livestock farmers and ranchers."
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