Ann: CO2 To Fuel Technology - Stage 2 - Efficienc, page-2

re: Ann: CO2 To Fuel Technology - Stage 2 - E... 'NCF has successfully demonstrated that the technology effectively dissociates CO2 into CO and O2 in a heating environment at a rate which supports a commercially viable product.'

'NCF is now discussing possible collaborations with companies in the power generation, metal production, glass, gasification and other industries. By integrating NCF's system with their facilities these companies can improve their overall plant efficiencies, turning their CO2 and/or heat emissions into a profitable product.'

'We continue to receive very positive responses and support indicating that there is strong demand for NCF's technology, especially because of the attractive expected financial performance of systems driven by either waste heat or solar energy.'

'The team is on track to complete the solar testing and NCF are beginning a focus on the commercialisation stage and the establishment of a pilot plant in either Israel or Australia or another country where appropriate partners exist.'

This is huge news. Although I originally invested in GER for its energy efficiency business I always regarded Israel as the 'Japan of the West' so when they said they had a revolutionary new technology to deal with CO2 emissions I believed them and regarded it as additional upside to the energy efficiency business.

Both the NewCO2Fuels and energy efficiency businesses look to be going from strength to strength, all they need to do is ditch the geothermal assets and programs and then it's all systems go for GER going forward.