EPA to Set Standards for Diesel Fuel Efficiency and Emissions
Newly Proposed Environmental Regulation to Pave Road for STWA's ELEKTRA™
SANTA BARBARA, CA--(Marketwire - October 27, 2010) - STWA, Inc. (
According to a recent press report from Reuters, the Obama administration earlier this year directed the Transportation Department and the EPA to set the first fuel efficiency standards for both medium- and heavy-duty trucks to reduce greenhouse gases. The regulations cover upcoming 2014-2018 model years, and are expected to cut emissions by 250 million tons of greenhouse gas emissions and save 500 million barrels of oil over the lives of the trucks.
"These new standards, set by the EPA to lower diesel emissions, truly pave the way for STWA's ELEKTRA™," said Mr. Cecil Bond Kyte, Chairman and CEO of STWA, Inc. "Our Technology is designed to enable better vaporization of fuel, allowing fuel injectors to spray a finer mist, which burns more quickly, completely and efficiently, resulting in measureable reductions in fuel consumption and reduced emissions from diesel engines. We are developing our ELEKTRA™ technology to help existing truck fleets be compliant and more profitable under these new EPA mandates without having to be replaced with exotic, expensive, new hybrids, and to do so with a fast ROI," Mr. Kyte added. "We have identified co-development and distribution chains for a commercialized version for our $5 billion immediately addressable market. Our potential customers continue to express an interest in purchasing the product once a commercial version is available, and given this recent political mandate, I believe that interest will only get stronger."
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STWA, Inc. (
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Released October 27, 2010