- Agriculture generates approximately 19-29% of total global greenhouse gas emissions and also has the highest demand for ammonia, at 80% globally
- This demand for ammonia is contributing to an increase in greenhouse gas emissions, through its production and additional processes
- FuelPositive seeks to remedy this situation with its on-site green ammonia production technology
- Through its decentralized agricultural positioning model, the company aims to reduce ammonia’s overall carbon footprint while also empowering farmers by giving them fertilizer and energy independence and control over supply and costs
Experts have noted, with great concern, that the current food production and distribution systems are already at a breaking point. They have cited the need to feed a growing global population as one of the key factors creating tremendous pressure on a structure that, they note, has been pushed to its environmental limits (https://ibn.fm/H3EIb).
FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF) recognizes this issue and, through its green ammonia technology, the company is trying to remedy the situation and offer solutions that are not only sustainable but also accessible, even to the ordinary farmer.
Over the years, the agricultural sector has dealt with various challenges, from an aging and shrinking workforce to a significant loss of arable land and, more importantly, the potentially disastrous effects of climate change. According to a report from The World Bank, agriculture remains a significant part of the climate problem, generating approximately 19-29% of total global greenhouse gas (“GHS”) emissions (https://ibn.fm/ypSHv).
In addition, agriculture is the sector with the highest demand for ammonia, accounting for over 80% globally. Ammonia is integral for adding nitrogen into the soil, an element that is essential for plant growth and plant health. Usually, the nitrogen is depleted by growing crops, prompting farmers to replenish it using ammonia.
The issue, however, arises from ammonia production. Typical manufacturing of this product is energy-intensive and centralized, resulting in some of the world’s most concentrated greenhouse gas emissions. Additionally, there is an issue with supply chain interruptions and wild price fluctuations that affects farmers and adds to other processes that only increase the carbon footprint.
FuelPositive seeks to remedy the situation with its decentralized agriculture positioning for its green ammonia. For starters, the company’s product aims to give farmers fertilizer and energy independence. With every farm housing a FuelPositive production unit scaled up or down based on its needs, the farmers will produce sufficient ammonia to fertilize their crops and even power their internal combustion engines in their farm equipment, and generators on the farm (https://ibn.fm/qntgM).
This opens even more opportunities for farmers, including converting propane and natural gas crop-drying systems to burn green ammonia as a way to realize an exceptional environmental benefit.
This decentralized approach eliminates the traditional supply chain, which is wildly unpredictable, both in supply and cost. Farmers will have control over the amount of ammonia and fuel they produce and when it will be available to them. They will be able to plan on a steady price, giving them a chance to increase their margins and improve their livelihoods from their farming activities. In addition, from an environmental standpoint, the unique ammonia production process eliminates reliance on fossil fuels, and the decentralization of the production facilities negates ammonia’s overall carbon footprint, allowing for a healthier planet.
FuelPositive is able to help the agricultural sector reduce its overall greenhouse gas emissions while providing more opportunities for farmers to make a decent living from their operations. In addition, through its push for green ammonia and its push for more farmers to access it, the company is creating even more value for its shareholders.
For more information, visit the company’s website at www.FuelPositive.com.
NOTE TO INVESTORS: The latest news and updates relating to NHHHF are available in the company’s newsroom at https://ibn.fm/NHHHF
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