Cowboy Clean Fuels Announces that the Wyoming Center for Business and Economic Analysis Has Confirmed the Significant Potential Economic Impact from its Initial RNG and Carbon Sequestration Project
DENVER and GILLETTE, Wyo., Nov. 13, 2023 /PRNewswire/ -- Cowboy Clean Fuels, LLC ("CCF", "we," "us," "our," or "the Company"), a premier energy technology company formed to simultaneously, permanently sequester carbon dioxide removed from the atmosphere and produce carbon-negative, renewable natural gas ("RNG") from readily available agricultural byproducts utilizing proprietary, patented technology, today announced that Wyoming's Center for Business and Economic Analysis ("CBEA") has completed an independent analysis of the Company's initial project in the Power River Basin, confirming the significant impact of the project to the state of Wyoming's economy.
- By 2027, when the project is fully scaled up, it will result in $8.8 million in tax revenues to state and local governments and support 66 jobs.
- Ryan Waddington, Cowboy Clean Fuels Chief Executive Officer stated, "It is an exciting time at Cowboy Clean Fuels as we work to commercialize our first RNG and CDR project in the Powder River Basin.
- We are pleased that the CBEA's independent analysis verifies the substantial economic impact we will have on Wyoming.
- We are also proud to be contributing to Wyoming's economic growth and to the development of its vast potential for carbon sequestration and clean energy."