LOS ANGELES, September 15, 2022–(BUSINESS WIRE)–Today the United States Department of Agriculture (USDA) announced Global Clean Energy Holdings, Inc. (OTCQB:GCEH) was selected for participation in the Partnerships for Climate-Smart Commodities grant program. The company was awarded up to $30 million for a pilot project to measure and validate the advantages of camelina as an ultra-low carbon renewable fuel feedstock. Altogether the program received over 450 applications for this initial funding pool.”Being selected for this grant signals that the advantages of camelina as a low carbon feedstock are undeniable,” Chief Executive Officer of Global Clean Energy Richard Palmer said. “Camelina is a nonfood crop grown on fallow land between traditional crop cycles so as not to contribute to land use change, while producing ultra-low carbon renewable fuels that act as a drop-in replacement…
Global Clean Energy Selected for up to $30 Million USDA Climate-Smart Commodities Grant for Advancement of Camelina as Renewable Fuel Feedstock
