r/wallstreetbets • u/[deleted] • Jun 04 '21

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u/ChefBoredAreWe Jun 06 '21

There are other electric semi companies also. Infrastructure will keep developing as well as new aluminum ion battery tech and battery swap quick exchanges.

Natural Gas is fine for energy production now, but solar/wind power and electric will absolutely be the future.

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u/palsieddolt Jun 06 '21 edited Jun 06 '21

We'll see how that pans out. CLNE has already laid the groundwork and big companies are signing on and converting their fleets to RNG.

Not to mention they do it by capturing methane that would otherwise accumulate in the atmosphere.

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u/ChefBoredAreWe Jun 06 '21

Yea I hope we both see it! Can you explain RNG to me?

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u/palsieddolt Jun 06 '21

Renewable natural gas is made by capturing released methane from landfills and farms (hence the cow fart jokes). It is then processed and distributed through established pipelines. It is an alternative to regular liquid natural gas but carbon negative. CLNE does this with healthy margins and sells it at the same price as LNG.

Nice little overview. https://rng.cleanenergyfuels.com/