The oil produced by TCP can be used to provide refrigeration, telecommunications, electricity and potable water, which are all the basic elements for enhancing industrialization.
CWT’s unique technology works hand-in-hand with the existing petroleum infrastructure. For instance, rather than rendering the oil industry obsolete, CWT can access and utilize the petroleum infrastructure for additional refinery support for the creation of specialized products.
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Waste disposal is a major issue within the food industry. Recent outbreaks of Mad Cow, Foot-and-Mouth, and pesticide poisoning are forcing a
re-evaluation of the manner in which we deal with food chain issues. Crop residuals, along with waste from large and small poultry plants, hog and cattle slaughterhouses, animal confinement operations, feedlots and food processors, continue to put stress on our environment.
Disposing of these wastes and reducing the risks to human health caused by exposure is expensive, both to the producer and the government entity that must deal with the ensuing environmental problems. CWT offers an efficient and cost-effective solution to the challenges facing our food chain.
CWT’s renewable diesel can be a hedge against escalating energy prices. For instance, in recent years, there has been speculation that regions of the United States, such as New England, may run short of natural gas. Some predict that by 2010, there won't be enough supply to fulfill the region's energy needs. Unfortunately, plans to build liquefied natural gas (LNG) terminals in New England face stiff opposition, and the option of importing LNG from Canada poses innumerable issues as well. To help meet the region's growing demands, CWT is well-suited to incorporate its primary product (renewable diesel) into the market. This renewable energy source can provide a dependable indexed price source of fuel, while alleviating the price fluctuations seen in the natural gas used to heat 35% of New England homes.
Renewable diesel from the TCP could also factor heavily in the expansion of the renewable energy sector. Currently, the primary renewable energy features in the United States are manifested in individual state Renewable Portfolio Standards for local electric utilities, and in economic incentives in the United States Internal Revenue Code for the production of renewable energy. The time is now for the implementation of a “green” program for the production of transportation fuel, home heating oil, and electricity.
