The Oscillating Piston Engine will also help to reduce the environmental impact of small engines as it is adapted to uses with new and blended fuels. This makes excellent business sense. Whether the federal government acts expeditiously in emission controls or not may not be significant because states are beginning to regulate carbon dioxide emissions.
The handwriting is on the wall. Carbon emissions will be regulated. In 2005, Kulongoski announced state greenhouse reduction targets of 10% below 1990 levels by 2020 and 75% below 1990 levels by 2050 and appointed a task force to design a state cap and trade program. Speaking at his 2007 State of the State Address, Richardson proposed adopting tough carbon emission standards for new cars and trucks sold in New Mexico which will cut vehicle emissions by 30% within the next ten years.
In 2005, Ted Kulongoski announced state greenhouse reduction targets of 10% below 1990 levels by 2020 and 75% below 1990 levels by 2050 and appointed a task force to design a state cap and trade program. Speaking at his 2007 State of the State Address, Richardson proposed adopting tough carbon emission standards for new cars and trucks sold in New Mexico which will cut vehicle emissions by 30% within the next ten years.
The five western states of Arizona, California, New Mexico, Oregon and Washington have signed a Memorandum of Understanding (MoU) to form the Western Regional Climate Action Initiative. The Initiative will develop a regional target for reducing emissions in six months through market mechanisms. The governors signed the treaty during the National Governors Association annual winter meeting in Washington DC. These Governors intend that in the next 18 months, they will develop a load-based cap and trade program to reach the target.
In 2003, California, Oregon and Washington created the West Coast Global Warming Initiative. In 2006, Arizona and New Mexico launched the Southwest Climate Change Initiative. In October 2006, Schwarzenegger signed AB 32, a landmark law aimed at reducing the state’s emissions by 25% by 2020. In January 2007, he signed an executive order to create a Low Carbon Fuel Standard, which aims to reduce carbon intensity in California’s transport fuels by 10% by 2020.
The governors believe that states must step up and reduce emissions at the regional level as the federal government has failed to take the initiative.
The market-based programs enable companies to offset their emissions by investing in clean projects like solar and wind power, or earn credits that can be sold to reduce emissions at their factories.
The five states have also agreed to take part in a multi-state registry to track and manage emissions in their region. The governors hope that the regional cap and trade program will provide a model framework to develop a similar national program.
Rotoblock’s engine has the potential to become the low pollution engine of choice as companies scramble to adhere to emission control standards as they evolve. These Governors are leading the way in what may eventually become a national standard.
Link here to see how a Rotoblock works: ROTOBLOCK-How It Works .
Rotoblock has developed a fabulous website which explains in depth how the Roboblock works. Even if understanding the intricacies of patented oscillating piston engine is more information than you need — check out the incredible animation and appealing design.
Engineers At Work! building new engines for a new world.
Contact: Rotoblock
Executive Offices & Laboratory: 300 B Street, Santa Rosa, CA 95404, (707) 578-5220
Investor Relations : One Market Street, San Francisco, CA 94105 95404, (877) 511-0110
About Rotoblock Corporation — Rotoblock in its expanded mandate is focused on the development of leading-edge power train technologies and the further improvement of the Oscillating Piston Engine. Although Rotoblock has already signed a licensing agreement with OBVIO! Brazil, the company continues to improve the performance of the engine, which will lead to additional and profitable licensing and/or partnerships for its manufacture. The company was incorporated in Nevada and is headquartered in Santa Rosa, California. The Company has full rights to the patents of the Oscillating Piston Engine and believes the Rotoblock Oscillating Piston Engine has useful applications in an endless number of areas where its powerful, light-weight and efficient design are sought after attributes. Visit Rotoblock’s corporate website for details about the company, technology, and regulatory filings. The address is: http://www.rotoblock.com.
Safe Harbor For Forward-Looking Statements: Except for statements of historical fact, the information presented herein constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, the ability to acquire and develop specific projects, the ability to fund operations and changes in consumer and business consumption habits and other factors over which Rotoblock Corporation has little or no control.
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