Can anyone confirm the truth to this statement made by The Daily Reckoning.
What if you could turn Australia’s abundant, uneconomical and dirty coal reserves into diesel fuel?
Even better, what if this ‘coal diesel’ was:
40% cleaner than regular diesel – with less carbon, sulphur, mercury and particulate emissions
10% lighter than conventional diesel – meaning better efficiency and cheaper transport costs
Refined in the coal seam itself – no need to purchase, transport, store or prepare coal.
Could be used in standard diesel cars, trucks and even planes – no modification required
Cost just US$24 per barrel to produce – less than a quarter of the cost of an unrefined barrel of crude oil!
All that sounds too good to be true, right?
Don’t bet on it!
Not only has one small Australian firm already perfected this process...they’re about to bring over 20,000 barrels a day of this revolutionary new fuel to market!
I don't remember hearing an anouncement that LNC has perfected this process, can anyone enlighten me?
black leaf project
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