FuelPositive Corp. (TSX.V: NHHH) (OTCQB: NHHHF) Working to Eliminate Emissions Linked to Grey Ammonia Production, Manure Use
Oct 7, 2022
- FuelPositive is a technology company developing an onsite, containerized, green ammonia production system that decarbonizes and decentralizes ammonia production
- With the world currently experiencing a fertilizer crisis, experts opine that the answer to the issue lies with the adoption of better agriculture practices rather than increased fertilizer production
- On its part, FuelPositive is working on a multi-pronged approach that eliminates not only the greenhouse emissions associated with the production of traditional (“grey”) but also the emissions linked to manure application
- The company is advocating for deep injection of green ammonia into the ground to prevent pollution of groundwater and waterbodies as is the case when manure is used
A recent article in Politico highlights a dire situation in the agricultural sector – a worldwide fertilizer crisis that has seen farmers in both developed and developing countries grappling with high fertilizer prices. The burden, however, is disproportionately higher for those in developing nations, who have less financial capacity and organization to purchase fertilizers than their European counterparts (https://ibn.fm/La85b).
Although the prices were high before Russia invaded Ukraine, the situation has only worsened following the invasion, resulting in a 50% increase in the pre-invasion figures. Coupled with additional factors such as spikes in shipping costs and energy prices, EU sanctions against Russia – which is the…
NOTE TO INVESTORS: The latest news and updates relating to NHHHF are available in the company’s newsroom at https://ibn.fm/NHHHF
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