Oil prices continue to rise, global demand for energy grows at a faster rate. Major climate events occur more rapidly and carbon emissions come into focus for governing bodies. We are caught in an energy conundrum. Viking Energy Group, Inc. (OTCMKTS:VKIN) is one diversified green energy company investors looking to bet on a solution should research.

The largest barrier renewable energy adoption faces is infrastructure implementation. As great as Tesla (NASDAQ:TSLA) is, electric vehicles are still far from convenient. Issues EVs face include range, power interruptions, and low-tow capacity which hinders commercial fleet adoption of the EV solution.

However, Elon Musk's company has shown there is significant consumer demand for environmentally responsible options. Tesla sold 473,136 electric cars in the first 8 months of 2021. Over the last 7 years, Tesla's revenue has grown at a CAGR of 48.19%. All of this without full EV infrastructure adoption. VKIN has two verticals that can serve this climate-conscious crowd within the current infrastructure.

ESG investors and TSLA stockholders looking to diversify their environmental investment strategy could find Viking Energy's solutions intriguing.

CARBON NEUTRAL EMISSION COMMODIFICATION

VKIN's acquisition of ESG Clean Energy, LLC, patent rights, and expertise have been designed to utilize heat and capture carbon dioxide to generate clean electricity from internal combustion engines while taking advantage of waste heat to capture 100 percent of the carbon dioxide (CO2) emitted from the engine without loss of efficiency. This facilitates the production of sellable precious commodities including distilled/de-ionized water; UREA (NH4); ammonia (NH3); ethanol; and methanol.

VKIN is literally generating revenue coming and going. This solution is novel because it not only reduces carbon emissions by capturing all CO2 while creating energy but it turns this energy into revenue-generating commodities. It is a self-sustaining model of efficiency.

BIO-FUEL-TURE

Industrial applications of renewables have lagged behind consumer solutions like the aforementioned TSLA, and other EV players like ChargePoint (NYSE: CHPT). One plug-and-play solution for commercial fleets is Renewable Green Diesel.

VKIN is closing on a facility in Reno which is projected to produce 43 million gallons of this alternative fuel annually. The facility will have a pretreatment center allowing the company to acquire biomass needed to create Renewable Green Diesel at a lower cost than competitors opting for pricey pre-treated biomass.

GLOBAL ENERGY DEMAND GROWS

The US Energy Information Administration 'EIA' projects global energy demand to increase 47% in the next 30 years, driven by population and economic growth.

Liquid fuel will make up 28% of global energy demand by 2050, compared with renewables at 27%. This assumes a 36% increase in liquid fuel demand and a 165% increase by renewables from 2020 levels.

Renewable fuel producers like Viking Energy and Darling Ingredients (NYSE:DAR) are in line to benefit from this projected growth.

CLIMATE EVENTS EXPEDITE ALT. ENERGY ADOPTION

Within the first six months of 2021, the US experienced eight extreme weather events costing over $1 billion in damage. Statistics like this cause policy change, such as President Biden's proposal to cut greenhouse gas emissions in half by 2030. Several companies have fallen in line, 23% of the Fortune 500 pledge to be carbon neutral by the start of 2030.

VKIN's carbon-capturing ESG technology is the kind of solution companies aiming to comply with mandates will be looking for.

INSIDE VKIN's TECH

Their ESG tech is featured in two videos on the company's website: https://www.vikingenergygroup.com/

Environmentally-conscious customers' concerns are quelled by the process VKIN's technology produces:

-Zero carbon emissions

-Distilled/de-ionized water

-UREA (NH4)

-Ammonia (NH3)

-Ethanol

-Methanol

VKIN's license for this technology is exclusive for all of Canada (unlimited number of systems), and non-exclusive for up to twenty-five locations in the United States.

VKIN's NEW FACILITY

VKIN is in the process of acquiring a Renewable Green Diesel facility located in Reno, Nevada. This deal is set to close within the coming weeks which is why now is a good time to start your research on VKIN.

Reno, Nevada is a great place for business. Reno's low corporate tax rates will be a profit margin driver for VKIN over their competition. VKIN's pre-treatment unit is another positive differentiator. Every renewable diesel plant in the US needs a pretreated feed to run, however, not all biofuel production facilities have a pre-treatment center, VKIN's will.

With financials on the horizon, and a potential update on the Reno facility forthcoming, it is worth putting VKIN on your radar.

Start your research on VKIN here:

http://vikingenergygroup.com

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