[USA] Algenol has received the 2015 Presidential Green Chemistry Award for its environmental benefits concerning climate change. The award was presented at a ceremony at the National Academy of Sciences in Washington D.C. This is a new category, and Algenol is the inaugural recipient.
The award, sponsored by the United States Environmental Protection Agency (EPA) and the American Chemical Society recognizes outstanding accomplishments in research, development and implementation of green chemical technologies.
“It is a great honor to receive the Presidential Chemistry Award for Climate Change,” said Algenol’s CEO Paul Woods. “It’s wonderful to be recognized by the White House for our game-changing technology that turns carbon pollution into a profitable and sustainable important transportation fuels.”
To qualify for the award, companies must have reached a significant milestone within the past five years in the United States demonstrating technical and environmental benefits of green chemistry technology.
Algenol has successfully developed a fossil fuel replacement with yields 20 times greater than that of corn. The company captures, recycles and utilizes CO2. Its pathway reduces Green House Gas emissions by 69% compared to gasoline, according to the official EPA pathway approval.
“We congratulate those who bring innovative solutions that will help solve some of the most critical environmental problems,” said Jim Jones, the EPA’s Assistant Administrator for Chemical Safety and Pollution Prevention. “These innovations reduce the use of energy, hazardous chemicals and water, while cutting manufacturing costs and sparking investments.”
Photo: Algenol’s array of ethanol-producing bioreactors in Florida.
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