Global Earth Energy, Inc. Announces Plans to Export Biodiesel Fuel to Europe

Global Earth Energy, Inc. anticipates the opportunity to export the biodiesel produced at their chemical plant in Leland, NC. Due to the increase in taxes on biodiesel in Germany, there has been a decrease in the production of the alternative energy fuel. With the decline of sales and production overseas, there is an excess amount of feedstock, the raw material used to produce biodiesel. Feedstock is the largest cost in manufacturing the fuel source but Global now has the option to buy the feedstock at a discounted price from German sources. The slowdown could also expand Global’s growing market of alternative green energy to Europe.

Global Earth Energy’s mandate is to build, own and operate green alternative energy technologies to aid the world’s energy crisis and help relieve the green house effect. Global Earth Energy, Inc. plans to develop sustainable alternative energy sources that are situated close to the energy end users and tailored to their needs.