SOURCE: Global Clean Energy, Inc.
HOUSTON, TX--(Marketwire - Oct 1, 2012) - Global Clean Energy, Inc. (PINKSHEETS: GCEI) continues to develop its plan to provide the most efficient feedstocks for biomass fuel production. The company has begun to provide for production of Jatropha and switch grass in rural America. The third most efficient feedstock for conversion into biofuel is algae. The recent Algae Biomass Summit in Denver emphasized the continued growth of algae as an efficient feedstock for renewable energy production.
GCEI's proposed algae production locations are in rural America, where job creation is a priority. GCEI has targeted the Rio Grande Valley of Texas to begin its algae production. The company is attempting to acquire abandoned shrimp farms with infrastructure in place, to produce algae, thus limiting additional capital investments.
Global Clean has joined in supporting a coalition of leaders in the biofuel, national security, and agriculture industries who have launched the FUELS AMERICA campaign. FUELS AMERICA brings together a diverse group of renewable energy leaders to improve our national energy security, spurring investment in innovative technology, and job creation. The very objectives of FUELS AMERICA are reflected in the Global Clean Energy business plan.
Global Clean Energy, Inc. is a waste-to-energy conversion solutions company, focusing on using available and developing technologies to convert waste into commercially viable energy, a process the company refers to as Reforming Environmental Salvage into Clean Usable Energy (R.E.S.C.U.E.).
Statements in this release may be regarded, in certain instances, as "forward-looking statements" pursuant to Section 27A of the Securities Act 1933 and Section 21B of the Securities Exchange Act 1934, respectively. "Forward-looking statements" are based on expectations, estimates and projections at the time the statements are made, and involve risks and uncertainties, which could cause actual results or events to differ materially from those currently anticipated, including, but not limited to delays, difficulties, changed strategies, or unanticipated factors or circumstances affecting GCEI and its business. There can be no assurance that such forward-looking statements will ever prove to be accurate and readers should not place undue reliance on any such forward-looking statements contained herein. GCEI will not republish revised forward-looking statements to reflect events or circumstances after the date hereof to reflect the occurrence of unanticipated events.