Investor Relations

Message from CEO

CleanTech Biofuels, Inc. intends to be a leader in the emerging waste-to-energy industry, with a unique focus on using municipal garbage to make biofuels and other energy products.

Today, the world consumes more energy than at any other point in history and the demand for energy is projected to increase as the economies of China and India expand.

Much of the available crude oil, our principal source for fuel, is concentrated in countries where there is significant political strife or is controlled by countries that are not allies of the United States.

The price of crude oil (and the products refined form it) have continually increased since 2002. Any disruption in the supply of oil, whether from a hurricane in the Gulf of Mexico or political strife in a distant oil producing country, causes a dramatic spike in the price of oil.

Biofuels along with other renewable energy sources will play a critical role in meeting the world’s voracious demand for energy and slowing the rapid depletion of our fossil fuel reserves.

Already, the production of ethanol from corn and other crops is exploding in the United States and worldwide, causing the price of corn and other food staples to rise at the same time. If we continue to use our crop land to grow energy, food prices will continue to rise, crop land will be depleted and our water resources will dwindle.

America also produces an immense amount of waste. Americans generate over 245 million tons of garbage every year. The majority of that material ends up in landfills. We are running out of space to dispose of garbage. Our largest cities are paying more and more each year to landfill operators.

Part of the solution to these challenges is to take full advantage of the energy in municipal, industrial, and agricultural wastes that otherwise create disposal problems. Our technologies allow us to convert waste from our cities, farms, and factories into clean fuels that will be used in the same cities, farms and factories.

Our focus is on improving and commercializing our core technologies and acquiring complementary technologies to develop clean energy from waste. While garbage can not, and will not, replace all of the energy we currently consume, maximizing the energy we recover from our waste will be an important piece of the solution to the energy and waste disposal problems we face today and in the future.

Edward P. Hennessey, Jr.
Chief Executive Officer