Despite government and NGO initiatives for “greener living” and billions of dollars spent in this direction globally, the overall health of our natural environment is still a landslide affair.
Almost every large machine we use runs on a crude oil derivative, the underground supply of which is running out and the burning of which is changing the makeup of our atmosphere for the worse. But all is not lost.
World Wide Carbon Credits Limited (WWCC) is a Hong Kong-based private equity investor that has patented a technology to change the world.
WWCC, in collaboration with a team at Australia’s Flinders University, found the gene in algae responsible for the production of high chain hydrocarbons or in other words, crude oil.
The idea of using algae as a source of fuel is not new. However not all algae are satisfactory for producing biofuel because of their low oil content and/or slow growth. WWCC’s research is however totally unique. Its focus is on creating genetically modified algae that overcomes both these limitations.
WWCC doesn’t plan to hold a press conference on their invention until next year. However, in an exclusive interview with The Epoch Times, however, Tariq Mirza, a spokesperson for WWCC was able to share some of the basics.
“We’re way ahead of the curve” he says excitedly. “They can probably get their first batch of squalene by 2 years time”