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Virginia City Biofuel Company Gets $2 Million Grant – Comstock Inc

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Virginia City biofuel company gets $2 million grant – Comstock Inc.

A $2 million grant from the U.S. Department of Energy will go to a Virginia City biofuel company to produce more of the renewable energy source.

The Department of Energy says Comstock Inc. has developed:

An innovative and cost-effective process that produces sustainable, renewable fuel from wood byproducts,” that they hope will create new jobs and reduce Nevada’s carbon footprint.

Catherine Cortez Masto,Nevada Senator who helped secure the funding along with fellow Nevada Senator Jacky Rosen, said:

Nevada is a hotspot for clean energy, and the federal funding I secured will help bring another innovative biofuel producer online in Northern Nevada.

“I’ll continue to work to support Nevada’s position as a leader in clean-energy industries that are creating good-paying jobs and growing our state’s economy,” she continued.

Jacky Rosen, Nevada Senator said:

As a renewable energy source, biofuels are a critical part of our efforts to grow and strengthen our clean energy economy.

“I’m proud to have helped secure this funding to incentivize more biofuel manufacturing in our state, which will help lower prices, improve our environment, and create more jobs in Northern Nevada.”

READ the latest news shaping the biofuels market at Biofuels Central

Virginia City biofuel company gets $2 million grant, VIRGINIA CITY, Nev., January 26, 2023

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