Purdue analysis finds H2Bioil biofuel could be cost-competitive when crude is between $99–$116/barrel
Green Car Congress
JUNE 5, 2012
Resulting gases are passed over catalysts, causing reactions that separate oxygen from carbon molecules, making the carbon molecules high in energy content, similar to gasoline molecules. Three different carbon tax scenarios are analyzed: no carbon tax, $55/metric ton carbon tax and $110/metric ton carbon tax.
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