Posted on 07/27/2009 8:05:09 PM PDT by Flavius
A startup based in Cambridge, MA--Joule Biotechnologies--today revealed details of a process that it says can make 20,000 gallons of biofuel per acre per year. If this yield proves realistic, it could make it practical to replace all fossil fuels used for transportation with biofuels. The company also claims that the fuel can be sold for prices competitive with fossil fuels.
(Excerpt) Read more at technologyreview.com ...
Magical words from story
“The firm is about to start a new round of financing to scale up the technology. “
Maybe if they promised something do-able - like gold from lead.
It sounds like the alternate fuels crowd been hittin’ da happy smoke again!
Dude you missed the point see its green man green magical fuel of the future.
As long as you pay through your nose for the algae to grow.
20,000 gallons per acre per year? That ain’t much.
>> The firm is about to start a new round of financing to scale up the technology.
Yeah, that was my first question too.
Are they selling biofuel? Or are they selling stock?
guess it’s stock.
Someone’s granny is going to power my Yugo.
“It’s people dammit!”
But if each person could grow 1/6 of an acre that would be 2500 gallons of fuel. That would be enough for you and your neighbor if you ran 20 gallons a week each for a year.
From the article, “The microorganisms use energy from the sun to convert carbon dioxide and water into ethanol or hydrocarbon fuels (such as diesel or components of gasoline).”
Let’s see...sunshine, plus CARBON DIOXIDE, plus water then will become hydrocarbon fuels. Does Algore know about this, and is this one of those winners in the crap and trade scam.? Just think of all that carbon dioxide that would be gotten rid of. On second thought, does Algore have a piece of the action here?
Is Bakken that big? I bet a lot of folks in ND are getting rich.
Between Bakken, all the shale oil in other areas, coal diesel we have at leats 4 times the Saudis. This does not count offshore.
Funny, the USGS says you're off by an order of magnitude. Their estimates are about a year of oil at our current consumption rate.
What you talking about Willis...?
Current corn based ethanol is - just guessing - 500 gallons per acre (please correct me here). 20,000 gallons per acre is only 40 time more energy per acre.
Being able to generate 20,000 gallons of say gasoline per acre means that Iowa could produce 717 billion gallons of gasoline per year. Given that the US uses about 400 million gallons of gas per day, that means that one Iowa's area worth of this magic could produce enough gasoline per year to meet our national gasoline usage demands for approximately 5 years.
By the way - haven't seen any date regarding this so won't pull the BS flag just yet - but smell something funny about that much energy being produced on a per acre basis from a biofuel...
I have a 1/6th acre, but would have to tear down my house for planting.
This is such a great idea that it must be the brainchild of that noted inventor and visionary - Algore! With the potential of this new technology, it will have to turn away private investors; no need to plead for gummint funding.
Resources are a lot more than reserves and they will run out of rate and reserves long before running out of reserves.
Nooo problem.
Did i mention it was green.
Welllll, that makes all the difference. You mean algae is really Al G.?
At $3 agallon it beats corn.
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