Global Clean Energy Inc. (OTCMKTS:GCEI) Shares Report about Greenhouse Gas Emissions Prior to Funding

Black & Veatch, a 100 year old company, and leaders in building sustainable and resilient infrastructure, has been engaged by Global Clean Energy Inc. (OTCMKTS:GCEI) Black & Veatch’s responsibility was to prepare and finalize an analysis of Global Clean Energy’s requirement to provide and implement technology provider mass and energy data into a mass over balance verification of engineering assumptions.

Market Stats

On Wednesday, GCEI stock gained 3.60% to $0.1419 with more than 83k shares, compared to its average volume of 177K shares. The stock moved within a range of $0.1251 – 0.1550 after opening trading at $0.1251.      

Global Clean Energy Inc. Finalizes Greenhouse Gas Emissions Report Prior to Funding

The engagement involved a summary life cycle of GHG emissions data report, along with an emission data report for the micro-refinery to be installed on the sites being planned and developed by Global Clean Energy. Resultant data showed there will be a negative GHG allocation much lower than a well to wheel assessment of production oils to fuel and carbon black.

The report has been presented to partners and funders of Global Clean Energy, in order to finalize the preliminary engineering data required to build the waste-to-fuel facilities in Virginia. The company is set to recycle 888,800 million tires per year into 6,671,038 gallons of fuel and 13,608 tons of recovered Carbon Black. It is sure that the circular economy it intends to build is only gaining momentum and with the plans of the present administration, it will be able to achieve all of its objectives.

Traders Corner

GCEI stock is trading below the 50-Day and 200-Day Moving averages of $0.14 and $0.14 respectively. Moreover, the stock is trading below the 20-Day moving average of $0.15.