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Would you invest in Algae-based oil?
Very interesting competitive edge: 1 Million barrels a day capacity?
http://money.cnn.com/video/technolog...algae.fortune/ |
It would be nice to see this tech get price competitive with fossil fuels. If there's anything positive about $100+ oil it's the fact that it makes competing resources look more affordable. I don't see it staying at $100+ levels on a sustained basis though :(
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I'd rather invest Gold and Silver :thumbsup
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seen a docu bout it some weeks ago ... very impressive i must say
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engineers have been talking about algal based biodiesel for 30 years.
but we don't seem any closer to a production plant than ever before. Only very early stage demo plants. one would think that if it can produce fuel at $30 a barrel we'd be seeing algal fuel entering the market. there's a tiny demo plant in australia. a couple of acres of ponds. http://www.oilgae.com/club/users/tomcatino/blogs/1138 Quote:
http://www.solixbiosystems.com/conte...ale-production http://cenblog.org/cleantech-chemist...-changes-name/ Quote:
supposedly the military is very interested in it. |
My uncle was working with University of FL on that stuff and been at it for several years now. They have several testing lakes on his property.
He's a smart guy and likely wouldn't be involved if it wasn't something worthwhile |
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what's your uncle's specialty?
the fact that the military has, as I understand it, ordered that logistics build the capacity to fuel military jets and equipment with US produced "green" fuels by 2040 or thereabouts, and algal biodiesel is one of the few liquid fuels with serious potential for that purpose, makes algal fuels something we will see research funding flow to. alcohols, such as the still mythical cellulosic ethanol, have too low a specific impulse for military purposes, so one hears. if we ever do get around to being able to make cellulosic alcohols that is. |
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