FuelPositive Corp.’s (TSX.V: NHHH) (OTCQB: NHHHF) Green Ammonia Production System Moving Up as Green Ammonia Gains Favor in Global Shipping and Fertilizer Production
Dec 15, 2021
- FuelPositive’s modular system uses 30% less energy than conventional grey ammonia (“NH3”) production processes
- The company’s system produces green ammonia from water, air, and sustainable electricity, and solves the supply puzzle highlighted in an IEEE Spectrum article
- Green Ammonia is gaining favor in the global shipping industry, where stakeholders agreed in 2018 to halve 2008 CO2 emissions levels by 2050
A document leak reported by BBC News in the runup to the United Nations Climate Change Conference (“COP26”) showed divided opinions around climate change, with countries trying to change the most recent Intergovernmental Panel on Climate Change (“IPCC”) report. A UN body mandated with investigating the science of climate change, the IPCC releases assessment reports every six to seven years, the latest of which was meant to offer vital input to negotiations at the COP26, which was held in Glasgow, Scotland, from October 31 through November 12.
The leak revealed countries, such as Saudi Arabia (one of the largest oil producers), Australia (a major coal exporter), and Japan, are urging the UN to play down the need to replace fossil fuels, arguing that the…
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