St. Louis-based Trumpets Energy Inc. has applied for a Regulation A+ listing through startup investing company StartEngine (StartEngine.com) for 10% of its shares for a $75 million capital raise. Trumpets Energy is a Christian corporation utilizing existing industrial processes such as microwaves for the production of nationally critical graphene and hydrogen from the capture of coal-created gases.
Microwave processing of coal is currently used in electrical generation as a precursor to burning it for electrical generation. In 2018 under the Trump administration, the National Energy Technology Laboratory/US Department of Energy along with Florida State University’s Department of Energy and infrastructure consulting firm AECOM published a comparative study: “Microwave-Assisted Pyrolysis of Mississippi Coal” that demonstrates the significant cost savings and graphene-yielding graphitic materials as well as various gases versus conventional pyrolysis. All gases will be used for further carbon capture processing and separation into component elements such as hydrogen for sale.
Through the Inflation Reduction Act, the Democrat party has incentivized Trumpets Energy’s business plan with an enhanced $85 per ton of CO2 permanently stored. With Trumpets Energy’s coal refining process put in practice, the business will be eligible to receive as much as $130 per ton of coal purchased from US-based coal mines since the carbon equivalent of what would otherwise be released as CO2 is more than one and a half times the carbon captured from a ton of coal.
Trumpets Energy CEO John Beidle said, “We laid out a plan for StartEngine to review that could easily become the quickest industry in the clean energy sector to attain a trillion dollars in revenue by reconnecting the carbon circle from coal for clean hydrogen and extremely critical and valuable graphene for batteries and fuel cells.”
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