Scottsdale, Arizona 4/23/2009 12:48:50 AM
News / Finance

Carbon Sciences Inc. (CABN.OB) Featured in Newsweek Online Exclusive Interview

QualityStocks would like to highlight Carbon Sciences Inc. (OTCBB: CABN). Carbon Sciences is developing a breakthrough technology to transform carbon dioxide (CO2) emissions into the basic fuel building blocks required to produce gasoline, diesel fuel, jet fuel and other portable fuels. Innovating at the intersection of chemical engineering and bio-engineering disciplines, the company is developing a highly scalable biocatalytic process to meet the fuel needs of the world.

 

In the company’s news yesterday,

 

Carbon Sciences Inc. announced that the online edition of Newsweek magazine featured an exclusive interview with the Company’s CEO, Derek McLeish and President, Byron Elton.

 

The two executives were interview by Newsweek’s Anita Kirpalani in the Newsweek exclusive titled, “Carbon to Burn: Entrepreneurs are trying to recycle carbon from the air by turning it into gasoline.” The article discusses the growing value of carbon as the government and industry begin to invest in technologies to capture carbon from their smokestacks, and entrepreneurs discover ways to recycle it.

 

“We believe that the world should look at everything it can to reduce the [carbon] footprint, but the world still needs portable fuel and the best way to have that is our [CO2 to fuel] system,” said McLeish.

 

Mr. Elton stated the biggest advantage of Carbon Sciences’ technology over biofuels is scale. “You can’t grow enough [terrestrial crops] to make a big impact,” he said. “But there is an unbelievable amount of CO2 available. Also, the fuel that we are making [by recycling CO2] goes right back in the existing infrastructure. It is gasoline.”

 

“The U.S.A. will be a leader in climate change and technology, and the new administration seems to send the right signals about that. The most recent one is that the EPA [Environmental Protection Agency] decided yesterday to make carbon a pollutant. It’s major,” added McLeish.

 

With more than 8.5 million visitors every month, Newsweek.com offers the weekly magazine, Newsweek, daily news updates, Web-only columns from Newsweek’s top writers, photo galleries, audio and video reports from correspondents, podcasts, mobile content and archives. The organization holds more prestigious National Magazine Awards, given by the American Society of Magazine Editors (ASME), than any other newsweekly.

 

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Forward-Looking Statement:

This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.