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Stock impact report

REX American Resources Corporation (REX): Among the Best Algae and Biofuel Stocks to Buy Now [Yahoo! Finance]

REX American Resources Corporation (REX) 
US:NYSE Investor Relations: rexstores.com/corp/page4.aspx
Company Research Source: Yahoo! Finance
In today's world, climate change, in the form of global warming, and increased CO2 emissions in the air have become a serious issue to tackle. Global carbon dioxide emissions climbed to an all-time high of 422 parts per million (ppm) in August 2023, as reported in an article by Insider Monkey, discussing the 25 Countries that Produce the most Carbon Dioxide Emissions As such, biofuels have the potential to reduce carbon emissions by 86% when mixed with traditional gasoline fuel, as reported in another article discussing biofuel market Biofuels are renewable energy sources derived from biological sources such as cow dung, grain, or sugarcane. The U.S. Department of Energy's Bioenergy Technologies Office (BETO) is also working with the industrial sector to utilize algae-based resources for biofuel production. Two types of biofuels that are commonly used in the world are ethanol and biodiesel. Biomass, which refers to plant-based resources, is used to produce Ethanol, which is a r Show less Read more
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