Manufacturing Oil from CO2
Fuelcor, LLC is an intellectual property development and management company bringing to market a highly energy efficient system to manufacture oil/fuel by recycling existing carbon dioxide emissions using nuclear energy for conversion into oil/fuel energy. This explains the name FUELCOR – FUEL COnversion and Recycling.
This technology is a major paradigm shift from the traditional and costly exploration and mining of crude oil to simply manufacturing crude oil from the waste emissions of coal and gas combustion.
By consuming carbon emissions to manufacture fuel, the technology provides a clean, green, and profitable government infrastructure project. In addition, the company’s technology provides a solution to the problem of aligning energy, economic, and environmental objectives via a market driven, profit oriented solution.
Business
Fuelcor LLC business is in licensing its worldwide patents.
A .The Inventor – Dr. Alexander Severinsky, Ph.D.
Dr. Severinsky is a professional inventor of systems requiring multidisciplinary knowledge, resulting in such inventions as Hybrid Synergy Drive for automobiles (Toyota, Lexus, and others) and synthetic fuel production – Fuelcor. Dr. Severinsky has over two dozen U.S. patents and numerous foreign patents, including patents licensed to Toyota, Ford, and IBM.
Dr. Severinsky earned a MSEE degree (cum laude) from Radioelectronics Institute in Kharkov,
Ukraine in 1967. His engineering interest and education were broad, including radioelectronics, electric motors, chemistry, mechanisms, material science, computers, and bioelectronics. In 1975 he received the Ph.D. degree in electronics at the Institute of Precision Measurements in Moscow. From 1976-1977, he lectured at Kharkov Engineering Society on the methodology of the inventive process. He is a Senior Member of the Institute of Electrical and Electronic Engineers, a Member of the New York Academy of Science, and a Member of the American Society of Mechanical Engineers.
In 1978, Dr. Severinsky was fortunate to leave the USSR and came as a refugee to the United States. During the 1979 oil shortages, while working on oil well logging, he became interested in energy issues, including hybrid-electric powertrains. He set out to develop experience in all new technologies necessary to create the highest performance-to-cost hybrid electric vehicles.
In 1992, Dr. Severinsky started Paice Companies (now Paice LLC) where he is currently serving as Chairman Emeritus. Dr. Severinsky is the named inventor of numerous patents worldwide on innovations that increase the performance-to-cost value of hybrid electric vehicle systems. In 2004, Paice filed a patent infringement lawsuit alleging that Toyota’s Hybrid Synergy Drive infringed on Dr. Severinsky’s patents. Paice successfully sued Toyota, winning at trial and finally settling the case out-of-court. Ford Motor Company also licensed one of Dr. Severinsky’s patents.
In early 2005, Dr. Severinsky became interested in methods of making gasoline and other fuels. His work resulted in a new invention for making synthetic fuel by recycling carbon dioxide and water and using electrical energy generated by nuclear power plants. His invention, a highly economical and profitable process, turns out to also provide a method for reining in global heating. Later that year, he co-founded Fuelcor LLC to commercialize his new synthetic fuel production invention.
B. Why Do We Need a Fuelcor Plant?
Oil is a unique, strategic, and fundamental building block of the world’s economy. Worldwide demand is expected to grow to 120-130 million barrels per day in 20 years, only limited by available supply. Supply increases are limited both by the amount of crude and other hydrocarbons in the ground that can be economically found, extracted, and refined and by poor exploration results, rising energy production costs, and depletion. As demand outpaces supply, prices must rise to bring the market into equilibrium.
Use of agricultural products, such as wood, grain, and plants (young fossil fuels) for making fuel does the following: (1) diverts these products and supplies from consumers; (2) drives up the cost of food; and (3) increases carbon dioxide emissions more than the use of existing fossil fuels. Other technologies such as coal-to-liquid, gas-to-liquid, and tar sands also produce additional carbon dioxide. Carbon emission capture and sequestration as a solution does not represent a viable business solution as it is an all cost and no revenue model.
Carbon dioxide as a driver of global warming represents a fundamental problem. A majority of carbon dioxide emissions come from use of fossil fuels and must be recycled.
C. What Will It Do For My Country?
The following is a partial list of benefits emanating from use of this fuel production plant:
a. Fuel independence
b. Control over fuel costs means lower consumer prices
c. A positive impact on food supply – lower cost
d. A cleaner and healthier environment
e. Usable and valuable byproducts (oxygen, peak power, carbon credits) are produced at no additional cost and provide revenue to the production plant
f. Eventual ability to export oil
g. Economic stability tied to 60 year life cycle of Fuelcor plant
h. Jobs creation in all levels of capability
i. It consumes an environmentally harmful and readily available supply of carbon dioxide from coal plants and from industrial production of aluminum, cement, and steel
j. If you are an oil producing country or you use fossil fuels you will lower your costs as “hunting” for oil (extraction) is replaced by “manufacturing” (production) – an inherently more economical activity
k. Your cars will use lower pollution diesel fuel
l. Energy security due to distributed fuel production, no pipelines, and no tankers
m. Increased security of supply as you will no longer need to import crude oil
n. No harmful environmental emissions from a Fuelcor plant
o. No short term disruption of any current energy company (oil, gas, or coal)
p. No disruption of the current retail fuel infrastructure.