Navi Mumbai, Maharashtra India (PressExposure) September 25, 2007 -- Bharat Book Bureau, a leading market information aggregator has put forth a report âCommercialization of Coal to Liquids Technology 2007 â([http://www.bharatbook.com/detail.asp?id=26001])
The technology of producing a liquid fuel from coal or natural gas is hardly new. The Fischer-Tropsch process was developed by German researchers Franz Fischer and Hans Tropsch in 1923 and used by Germany and Japan during World War II to produce alternative fuels. Indeed, in 1944, Germany produced 6.5 million tons, or 124,000 barrels a day.
CTL fuel is already in use elsewhere, like South Africa, where it meets 30 percent of transportation fuel needs.
In addition to being cheaper than oil, advocates point out that the fuel is environmentally friendlier and would also help America wean itself of foreign oil imports.
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