Energy is a “quantitative business,” with the daily worldwide energy consumption currently estimated at 13 to 14 terawatts; the equivalent of 200 to 210 million barrels of oil per day. It is projected by the United States Energy Information Administration (EIA) that forecasts our energy needs will increase by 56% in the year 2040, a short 12 years.
In a list of humanity’s most pressing problems, energy rises to the top, because of its ability to provide solutions to many of the other societal problems such as water, environment, and poverty. Unlike energy, there are no other items on this list, which can generate answers. Energy is unique not only from the perspective that it has the ability to give us answers to most other problems; energy is one of the few problems which we can positively impact with technological developments.
Energy resources are vital in sustaining world economic growth, progress, peace and national security. Energy is not just a critical national concern, it is a global concern. The rate of growth in energy demand worldwide, runs the risk of outpacing affordable clean supplies, unless we can gather together not only conservation and evolutionary improvements to existing technologies, but also revolutionary new technological breakthroughs in the energy sector.
It is under the heading of “Revolutionary new technological breakthroughs in the Energy Sector” that Ethic Energy’s pioneering technology resides.
Utilizing our abundant natural gas resources to meet our growing energy needs makes sense economically, as well as from an environmental standpoint. Gas reserves far exceed explored oil reserves, and gas represents a cleaner form of energy. The efficient processing of natural gas will take on an increasingly important place in 21st century industry, not only for our energy needs, but for value added products that include transportation fuels, plastics, clothing, etc.
The advantage of bio gas (methane, marsh gas, biogas, land fill gas, digester gas, etc.) is that it is a renewable energy source. Simply stated, organic wastes of different origins (sewer, waste, animal and land fill) can all be used to produce methane. It is in this direction that the opportunities exist to develop new energy economics based on closed energy loops, which utilize solar energy to transform biomass to biogas, and then downstream processing into other value-added forms of energy and matter.
Our corporate vision is to leave this world a better place than we found it. To achieve this worth while objective will entail utilizing our highly advanced and proprietary technology that efficiently produces environmentally responsible fuels from bio or natural gas at less than half the cost of inferior crude oil refined products. Ethic Energy will play a vital role in aiding our nation and others around the globe in meeting their energy needs, which will be required to sustain economic growth, national security and world peace.
Founder | CEO