Blue Biofuels Inc (BIOF)

[brooklyn137]

I agree, we need financing. But they have a point as well. The inflation reduction act includes grants and loan guarantees for green projects, like Blue's. Forty percent is to be spent in low income communities, but that includes rural communities like some in rural Florida. No reason that they can't build their facilities in those areas. Also there are loan guarantees when they get to the building stage.

there is more information about the program here. https://www.whitehouse.gov/wp-content/uploads/2022/12/Inflation-Reduction-Act-Guidebook.pdf