The expansion of natural gas production has lifted the country’s economic prospects as it provides important environmental benefits. This boom in low-cost, abundant energy is attracting other industries to our shores, creating new jobs and more wealth.
EmberClear is well positioned to take advantage of this once-in-a-generation opportunity. We are currently developing several energy projects in North America that use natural gas as a feedstock.
With nearly one third of coal-fired generating capacity being taken off the grid to meet environmental regulations, our cleaner power plants are offsetting the decommissioning of these legacy coal-based power plants. Natural gas will also be used in our methanol project, which converts natural gas into valuable transportation fuels and chemicals.
The American Chemistry Council counts 243 announced projects with a cumulative investment of $147 billion from 2010 to 2023. More than 60 percent will come from foreign investment.
EmberClear’s projects will provide America with low-cost clean energy for domestic consumption, creating greater energy independence and export opportunities.