Comstock Mining (LODE)
Aligning Business Plans with the EPA’s Renewable Fuels Standards
Comstock Mining Inc. is an emerging innovator and leader in the sustainable extraction, valorization, and production of scarce natural resources, with a focus on high value strategic materials that are essential to meeting the rapidly increasing global demand for clean energy, carbon-neutrality, and natural products.
Mark Reichman, Senior Research Analyst of Natural Resources, Noble Capital Markets, Inc.
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Laying the groundwork. Comstock Mining released comments submitted to the U.S. Environmental Protection Agency (EPA) proposing changes to renewable fuel standard rules governing the use of biomass-derived intermediates in the production of renewable fuels that qualify for federal incentives under the EPA’s Renewable Fuel Standard (RFS) program. Recall the company’s cellulosic fuels extraction and processing technologies are designed to convert woody biomass into renewable energy products, including carbon-neutral bio-intermediates and other precursors for renewable fuels.
Proposed changes to RFS rules. Comstock proposes that the EPA: 1) expand definitions of biocrude, bio-intermediates, and renewable biomass to include bio-intermediates produced by thermal, chemical, and biological processes, 2) add qualifying feedstocks for use in generating renewable identification numbers (RINs), 3) remove limits on multi-facility bio-intermediate transfers, 4) add new RIN …
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*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.