You know Drew Bledsoe as the New England Patriots QB from 1993-2001 and #1 overall NFL Draft pick out of Washington State. After losing his starting gig to Tom Brady, Drew Bledsoe went on to play for the rival (well, they’re too poor a team to be considered a real rival) Buffalo Bills and Dallas Cowboys. Today, the former NFL quarterback for “America’s Team 1a” and “America’s Team 1b” is principal of Bledsoe Capital Group and an Ecosphere Investor.
Drew Bledsoe discussed chemical-free water treatment for fracking on CNBC’s “Closing Bell.” Ecosphere’s patented Ozonix(R) technology is allowing oil and gas exploration companies to recycle wastewater and eliminate chemicals traditionally used in the hydraulic fracturing, or fracking, process.
“We allow these companies to, first of all, clean the water before they use it the first time, and then also recycle it and reuse it in their process. We’re closing the loop for these responsible companies,” Bledsoe told “Closing Bell” hosts Maria Bartiromo and Bill Griffeth.
“We’re eliminating chemicals and we’re also reducing dramatically the trucking that’s involved with fracking, because they can reuse the water right on site. It’s been really effective for us.”
The complete interview can be seen after the jump
Now I’m as skeptical about “clean fracking” as I am about “clean coal.” I think both terms are oxymorons. But check out this viewer Tweet: “Before fracking gets clean, hell will freeze over.”
Griffeth asked Bledsoe:
“What do you say to the skeptics who still can’t believe that a process like fracking that’s so controversial can be made clean technology?” Bledsoe’s response: “Well, we’re doing it.”
Ecosphere Technologies, Inc. (OTCBB:ESPH) is a water engineering, technology licensing and U.S. manufacturing company that develops non-chemical water treatment solutions for industrial markets throughout the world. The company claims to have pioneered the treatment and recycling of produced and flowback waters at the well site.
Bledsoe brought up a great point in the interview- clean water is going to be premium in the near future. Climate Change, the severe droughts that come with it, and the booming world population is going to make safe drinkable water a very hot commodity, and soon.
When Bledsoe retired from the NFL in 2007, he left fifth in NFL history in pass attempts (6,717) and completions (3,839), seventh in passing yards (44,611), and 13th in touchdown passes (251). He won a Super Bowl with the Patriots in 2001.
In July of 2012, Bledsoe was named the thirtieth greatest quarterback of the NFL’s post-merger era, according to Football Nation.
Paul M. Banks is the owner of The Sports Bank.net, an author and regular contributor to MSN, Fox Sports , Chicago Now, Walter Football.com and Yardbarker.