Greenhouse gas emissions and the need for clean energy has become a key concern for governments everywhere. Governments plan on gradually reducing vehicle emissions, and the auto industry has responded to the challenge over the years by developing hybrid powertrains and energy-efficient designs.
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The following is a contributed article from a content partner of Benzinga
Nanotechnology startup FuelGems, which manufactures a fuel additive that reduces harmful greenhouse gases, has raised $895,000 via crowdfunding platform Wefunder.
The Texas-based company, which is also backed by venture capital fund Sputnik ATX, says its flagship non-chemical fuel additive makes gasoline and diesel burn much more efficiently, substantially reducing exhaust pollutants and unburnt hydrocarbons. A collective of investors would appear to agree, with over 1,200 contributing to the open funding round.
“As we transition to greener solutions that will eliminate or lessen the use of gasoline, we should endeavor to reduce the negative impacts petroleum has on us and the environment,” said one investor, Bernard Ernst Heinz Hackh.