This story was originally published here.
Gevo (NASDAQ:GEVO) is up almost 35% in pre-market trading on Tuesday as America gets ready for pro-renewable energy President-elect Joe Biden to take office on Wednesday. Two Washington-related developments could be the reason why.
Among the advisors guiding the new White House policy will be Gevo co-founder and the first woman to be awarded the Nobel Prize in Chemistry, Frances Arnold, who was named co-chair of the President’s Council of Advisors on Science and Technology over the long weekend.
As well, on Jan. 15, the Department of Energy’s Office of Fossil Energy announced plans to make $160 million in federal funding available to help recalibrate the country’s broad fossil-fuel and power infrastructure for decarbonized energy and commodity production. That funding will be used to develop technologies for the production, transportation, storage and utilization of fossil-based hydrogen, with progress toward net-zero-carbon emissions.
Gevo develops bio-based alternatives to petroleum-based products via biotechnology and classical chemistry. The Colorado company converts renewable raw materials into isobutanol and renewable hydrocarbons that it says can be directly dropped into existing fuel and chemical products. It says that its three critical pieces of technology are key differentiators between it and other biofuel technology companies…
Story continues here.
Radical new battery could dismantle $75 TRILLION oil markets
It’s pretty crazy stuff.
It’s of a mind-blowing new type of battery insiders are calling a “paradigm shift” in energy technology…
Even going so far as to call it the “Quantum Battery” because the properties it exhibits are so miraculous.
In fact, it’s proven to be such a game-changing force that some of the most powerful oil and gas corporations in the world are terrified of this breakthrough and what it’s going to do to disrupt their industry.
To them, the writing is on the wall.
It’s either embrace this new technology or become obsolete.
The U.S. Department of Energy has already classified this innovation as a “critical need” for the mass adoption of electric vehicles — as it finally promises to dramatically reduce our reliance on foreign oil.
At the heart of this revolution, one tiny company — less than 1/1000th the size of General Motors — is gearing up to drive the commercialization of this technology…
Folks who get in on this breakthrough now, BEFORE it’s rolled out on a mass scale, will have the chance to be a part of the single largest legal creation of wealth of the last 25 years…
Editor, Matt McCall’s Investment Opportunities