RE: Prof. Richard Dawkins Just tweeted about deals. Lovely exposure!11 Nov 2021 09:48
Cont:- "...We believe Velocys is very strongly positioned in its market with its proprietary proven and scalable technology, long-term structural/regulatory growth drivers and strong management team. Aviation is a strategic industry and, as support and demand increase for Sustainable Aviation Fuel (SAF), we believe that Velocys can take advantage of market dynamics and be at the forefront of the expected global decarbonisation transition. We are encouraged to see increasing support and commitment towards the regulation required to mandate SAF, leading to infrastructure investment globally (including from governments), emphasising the importance of SAF in decarbonisation.
Solid municipal waste has a wider adverse impact on the environment when sent to landfill, given it emits methane (a toxic gas to the environment and a significantly worse greenhouse gas than CO2). Thus, Velocys can covert this waste stream (avoiding landfill) into a synthetic fuel to work towards the decarbonisation of the aviation industry. The direction of travel is clear to us as the requirement to produce SAF on a global scale to begin to decarbonise the aviation industry..."