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Comment 6 for Low Carbon Fuel Standard Public Workshop to Discuss Potential Regulation Revisions (lcfs-wkshp-oct20-ws) - 1st Workshop.


First Name: Marilyn
Last Name: Bruno
Email Address: mbruno@aequorinc.com
Affiliation: Aequor Inc.

Subject: Support for NTIC
Comment:
Since I am not sure my letter with logo uploaded, here is the
text:
October 26, 2020 
 
Rajinder Sahota 
Division Chief, Industrial Strategies Division 
California Air Resources Board 
1001 I Street 
Sacramento, CA 95814 
 
Dear Ms. Sahota: 
 
I am writing to you to express support for the Novel Technology
Investment Credit (NTIC) program that was presented by Virent and
Marathon in the Low Carbon Fuel Standard (LCFS) Public Workshop on
Oct. 15, and Aequor Inc. encourages CARB to move the NTIC program
into the next rule making process for incorporation  into the LCFS.

 
Aequor Inc is a woman-owned small business located in JLabs-San
Diego.  Our novel "green," non-toxic chemical treatments were
validated by DOE to boost algae and yeast biomass production by up
to 40% in half the time, without the need for antibiotics of
antimicrobials.  This breakthrough saves energy, water and labor
costs, and directly increases our customers' margins and
profitability in the low carbon fuel sector in California. 
 
Aequor Inc supports the NTIC program because we believe it is the
correct approach to advance the growing need for low carbon fuels
in California. It will help companies, like ours, bring new
technologies to  improving low carbon fuels to commercial scale. 
We believe the program is correctly structured to limit the LCFS
programs risk in that investors will need to take the upfront risks
to demonstrate the new technology is commercially and operationally
viable. Additionally, administrative controls to limit the number
of credits awarded to between five and seven and a half percent of
deficits will help to ensure existing investments are not placed at
a disadvantage and can be implemented under the existing CARB
administrative infrastructure with no cash outlays by the State of
California.  We believe that the NTIC program will bring
significant additional investments into new low carbon fuels
technologies, resulting in significant increases in production of
low carbon fuels. 
 
My company aims to service the growing global market for our
biomass boosters, improving the feasibility and profitability of
algae and seaweed cultivation, biomass fermentation, and job
creation in our home State of California. 
 
For all these reasons, Aequor Inc encourages you to move the NTIC
program forward in the CARB rule making process. 
 
Best Regards, 
 
Marilyn J. Bruno, Ph.D., J.D. 
CEO, Aequor, Inc. 
3210 Merryfield Row, San Diego CA 92121 
Tel:  +1 858 255 7854  
Email:  mbruno@aequorinc.com 
Website:  www.aequorinc.com 
 
 
 
 

Attachment: www.arb.ca.gov/lists/com-attach/7-lcfs-wkshp-oct20-ws-VzUCZQNhUmoHcwFu.pdf

Original File Name: BACKROUND-BIOFUEL-AFCC-201026-Letter-CARB-SupportLCFS.pdf

Date and Time Comment Was Submitted: 2020-10-26 19:13:40



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