Silverado Green Fuel Inc. CEO invited to testify at congressional hearing Wednesday May 3, 9:30 am ET SILVERADO - OTCBB: SLGLF / Frankfurt: SLGL / Berlin: SLGL
WASHINGTON, D.C., May 3 /PRNewswire-FirstCall/ - Late last week, the United States House Committee on Resources officially invited Silverado Green Fuel Inc. CEO, Garry L. Anselmo, to testify at a hearing to be held in Washington, D.C. this Thursday, May 4. The title of the hearing is "The Future of Federal Coal: Status, Availability and Impact of Technological Advances in Using Coal to Create Alternative Resources." According to committee staff aides, the purpose of the hearing is to not only investigate the potential for using America's coal resources as an alternative fuel source, but also to acknowledge the vast coal resources in America and support new technologies designed to economically utilize those resources. The Committee is focusing on coal-to-liquid technologies.
ADVERTISEMENT "I am very honored and pleased to have been chosen to testify before this important Congressional committee," commented Anselmo when learning of the invitation. "I look forward to sharing with these Members of Congress and their aides our unique process and how we can help America meet its energy needs," he continued.
Both houses of Congress have been looking at a variety of alternative fuel sources. The Senate and the House have begun a series of hearings to determine what domestic alternative fuel resources are available - from wind and solar energy to biomass fuel sources.
"As the prices rise at every gas pump across the country, Americans are crying out for a safe, economic and environmentally friendly fuel to be produced. Silverado's Low-Rank Coal-Water Fuel Project is designed to do just that," said Anselmo, continuing, "Our product is the perfect feed-stock for further synthesis into a wide variety of products, including synthetic gasoline, jet and diesel fuel."
Other witnesses scheduled to testify are representatives of government agencies, as well as expert witnesses from the coal industry. Industry companies included in the hearing are Rentech, DKRW and Waste Management and Processors, Inc. among others. "I look forward to hearing the testimony presented by my colleagues, and sharing with them our progress in moving our project forward. Silverado Green Fuel Inc. is continuing to make great strides in finalizing preparations of our Memorandum of Understanding for our first commercial scale-up demonstration and research facility. I believe this hearing can only help to further propel that process forward," Anselmo concluded.
meine Einschätzung davon: die Einladung soll schon letzte Woche rausgegangen sein (die insider wussten es sicher schon, also ist es bereits eingepreist). leider ist das nur ein "hearing", so wie es bei anderen alternativen Energieformen derzeit auch stattfindet, d.h. es ist noch keine vorentscheidung gefallen, ob green-fuel gefördert wird. Aber zumindest steigen die Chancen, nun auch das Weiße Haus davon zu überzeugen, was Anselmo bei uns ja schon gelungen ist...und wenn dort ein guter eindruck hinterlassen wird, dann ist mit silverado der "richtige" begriff schon mal in den köpfen der "wichtigen" entscheider...für mich eine positive Nachricht, die den anfang einläuten kann, oder aber nur in erinnerung bleiben wird, als informative veranstaltung ohne konsequenz...wir werden es erfahren...
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