Alternative fuels pioneer Yokayo Biofuels announced this week that it will be holding a series of community meetings throughout the North Bay Area to discuss keeping local, sustainable biodiesel available to the public.
Online PR News – 10-November-2012 – Ukiah, CA – Alternative fuels pioneer Yokayo Biofuels announced this week that it will be holding a series of community meetings throughout the North Bay Area to discuss keeping local, sustainable biodiesel available to the public. A "perfect storm" of market pressures and the absence of key government incentives has endangered biodiesel companies around the nation. Yokayo Biofuels has been hit especially hard, having spent hundreds of thousands of dollars on a project for 2013 that, ironically, is meant to secure the company against market pressures and the ups and downs associated with government incentives.
"With the upgrade that we're planning, we're going to be closing in on a million gallons per year," says Kumar Plocher, the company's CEO, and a former member of the National Biodiesel Board's Sustainability Taskforce. "We are moving from an advanced biofuel, which is where a lot of this industry is heading, and we're actually moving toward something that many people haven't envisioned yet."
The planned upgrades come with the promise of $1.86M in funding from the California Energy Commission. However, that money will not begin to arrive until the project gets off the ground, and to get to that point, Yokayo Biofuels will need a lot of help. Innovative strategies like crowd-funding and prepayments for fuel will be part of that plan. These and other ideas will be discussed at the community meetings, which are planned for the following locations:
Wednesday, November 14th - Yokayo Biofuels Production Plant, 350 Orr Springs Rd., Ukiah, 5:30 - 6:15 pm
Thursday, November 15th - Santa Rosa Community Market, 1899 Mendocino Ave., Santa Rosa, 5:45-6:30 pm
Friday, November 16th - Caspar Community Center, 15051 Caspar Rd., Caspar, 5:30-6:15 pm
Saturday, November 17th - Dogpatch Biofuels, 765 Pennsylvania Ave., San Francisco, noon-12:45 pm
Saturday, November 17th - 208 Union Street, San Rafael, 3-4 pm
Sunday, November 18th - Biofuel Oasis, 1441 Ashby Ave., Berkeley, 1-1:45 pm
About Yokayo Biofuels
Yokayo Biofuels is a Ukiah-based biodiesel producer and distributor, founded in 2001. It specializes in ecologically sustainable fuel, made only from recycled deep fryer oil from a network of local restaurants, and sold only into the local market. All of Yokayo's oil collection trucks and biodiesel delivery trucks are 100% powered by the biodiesel that the company produces. For more information, please visit http://www.ybiofuels.org