Flare gas is comprised of many gases which need to be refined out, such as CO2. That is a waste gas that needs to be contained and not let out into the atmosphere. If you contain it, you can qualify for tradeable carbon credits which would make you a profit by itself, besides income from the good processed gases that are reclaimed.
It's a tricky business requiring huge plants. We have yet to hear any details so you can't get too excited about this little mentioned extra that EEGC claims to have.
However, $300 million is a big hurdle and hard to acquire for an untested technology. I doubt the $300 million Howard mentions is for sales and marketing, but rather for a test project, a huge refining plant to test the theory of the technology. The June PR says EEGC has the "option" on the technology, not the "patent" as Howard says, and it is not worldwide, but only for north and south america. Folks, I think this is a tougher sell than the oil drilling. Its years away from any kind of income on flare gas, if it is even viable and can attract funding.
Puravida19
PuraVida19
"There are no limits.
There are only plateaus,
and you must not stay there,
you must go beyond them."
~~ Bruce Lee
