SOURCE: BlueFire Ethanol

February 06, 2007 09:00 ET

BlueFire Calls for Congressional Action to Build Cellulosic Ethanol Facilities -- NOW

Our Nation's Landfills Are Our New Energy Source!

IRVINE, CA -- (MARKET WIRE) -- February 6, 2007 -- BlueFire Ethanol, Inc. (PINKSHEETS: BFRE) -- Witnesses before the U.S. Senate Energy and Natural Resources Committee this past Thursday (2/1/07) presented testimony that the vast majority of U.S adults say national and state governments should provide financial incentives to biofuels producers to encourage the production and availability of biofuels. Testimony was also presented to state that there is great public support for doing more to make biofuels a realistic replacement for gasoline in the near future.

Arnold Klann, President of BlueFire Ethanol, stated that, "A great opportunity to advance the Cellulosic Ethanol Industry and wean us from our petroleum dependence is now available which can be accelerated if Congress acts to fund programs they have already authorized in the Energy Policy Act of 2005."

Last September 22nd, BlueFire joined a group of distinguished cellulosic ethanol companies in a Congressional Briefing before Congress to admonish the mistaken impression that the cellulosic ethanol industry was embryonic and still a long way off. To the contrary, these industry representatives jointly reported that they were able to commence construction immediately on their production facilities with the assistance of the authorized Federal loan guarantees that would provide capital investors the security to make cellulosic ethanol production a reality.

"Title 15 of the Energy Policy Act of 2005, if fully funded, will advance the commercialization of producing ethanol from cellulosic materials that we are now burying in our landfills," said Mr. Klann. "The raw material is available, the technology is ready and federal and several state governments have said they want to build cellulosic ethanol plants. It's time to make public and private partnership work. We are working hard to advance our business plans to fuel America with its waste materials. We challenge the U.S. Government to step up and do its part now in making cellulosic ethanol happen," added Mr. Klann.

Another program that was also authorized in the Energy Policy Act of 2005 and for which the DOE has already solicited for cannot move forward without appropriations. BlueFire has been short-listed on this grant program and is waiting to hear from the DOE so it can complete its financing to start building its biorefinery in a California landfill. This project will provide a model for a network of ethanol biorefineries BlueFire plans to build across America's landfills.

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About us:

BlueFire Ethanol Fuels, Inc. is established to deploy the commercially ready, patented, and proven Arkenol Technology Process for the profitable conversion of cellulosic ("Green Waste") waste materials to ethanol, a viable alternative to gasoline. BlueFire's use of the Arkenol Process Technology positions it as the only cellulose-to-ethanol company worldwide with demonstrated production of ethanol from urban trash (post-sorted MSW), rice and wheat straws, wood waste and other agricultural residues. Our goal is to develop and operate high-value carbohydrate-based transportation fuel production facilities worldwide. These "biorefineries" will convert widely available, inexpensive, organic materials such as agricultural residues, high-content biomass crops, wood residues, and cellulose from MSW into ethanol. BlueFire intends to build a multinational company that leads the world in producing biobased transportation fuels. Its business will encompass development activities leading to the construction and long-term operation of production facilities while maintaining technological advantage and ownership of the process technology and all its improvements. Ethanol will be produced from biorefinery facilities opportunistically constructed on or near landfills, waste collection and waste separation sites. Each facility will deploy the proprietary technology, which uses all cellulosic waste materials traditionally disposed of in landfills as feedstock.


Statements about BlueFire Ethanol, Inc.'s expectations, including future revenues and earnings, and all other statements in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as the term is defined in the Private Litigation Reform Act of 1995. BlueFire's actual results could differ materially from expected results. BlueFire undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances. Should events occur which materially affect any comments made within this press release; BlueFire will appropriately inform the public.

Contact Information

  • Institutional Investment Advisor:
    Paul Gozzo, President
    PMG Capital, LLC
    Tel. 888-747-5397
    Fax. 888-799-9741

    Investment Banker:
    Tom Rubin
    Westcap Securities, Inc.
    18201 Von Karman Ave. Suite 550
    Irvine, CA 92612

    Investor Relations Contact:
    Gerald Kieft or Ryan Audin
    Wall Street Resources, Inc.
    2646 SW Mapp Road, Suite 303
    Palm City, Florida 34990