Among the top priorities on the American agenda right now is developing green products and jobs. Global warming and pollution are issues impacting not just the U.S. but the world over. The necessity of delaying the process of their occurrence creates an area of tremendous fiscal potential. Arun Majumdar, director of ARPA-E declared the green movement “another Sputnik-like moment in a race to develop clean energy,” in a recent press conference announcing a new funding for the movement.
Majumdar stressed the importance of American green companies and the vital nature of the cause for the future of the country. Granted, ideas for how to create cleaner energy have been in the works for years. The finite amount of available fossil fuel had been discussed well before global warming was ever on the table, prompting the search for sustainable energy.
In the years that have passed, many forms of it, from solar to wind have appeared but few green technologies have caught as a result of their inability to be economically competitive.
SaviCorp (SVMI) seems to have put that problem to rest in its development of a green product capable of helping both the environment and the wallet. To achieve both is to open the door for widespread application, which is just what the company is hoping will happen.
The current economic environment is ripe for the adoption of a technology of this kind. Given the financial obstacles before the United States, Europe and the developing world, green conscious living has become a priority only when it can be afforded. By offering a technology that helps the consumer, on a large or small scale, actually save money, Savicorp. adds to its appeal.
There has been significant interest from consumers, particularly, within automotives to adopt green technology, both for its ability to minimize the carbon footprint and the amount of money spent on gas. SaviCorp’s. Business is based on this demand. The company focuses on developing and commercializing the most superior blow-by gas and crankcase engine emission slashing technologies available today. Their contribution could be defined as the premier gasoline and diesel engine emission reduction technology. It provides more successful emission reduction and engine efficiency, contributing to improved mileage and lifespan. This in turn, helps reduce costs for consumers, businesses, corporate, municipal, state and Federal vehicle fleets.
Given that many nations around the globe are strapped for cash or wallowing in debt, the widespread application of a technology like this may be especially appealing now. Given that two agendas at the top of the administration are green tech and spending reduction, a device that excels in both categories has the potential to be a blockbuster.