Comments on: GreenFuel Tech opens algae-growing greenhouse
In a $92 million, multi-year deal, GreenFuel Technologies signs on for project to grown algae aided by carbon dioxide pollution from cement factory in Spain.
In a $92 million, multi-year deal, GreenFuel Technologies signs on for project to grown algae aided by carbon dioxide pollution from cement factory in Spain.
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from the article"GreenFuel Technologies ...The Cambridge, Mass.-based company..." That pretty much means it's US company. So, how again, are we being overtaken? Silly thing to measure anyway, but from the article itself, you are wrong. The article further points out that this is a upgrade, lesson learned in fact, from what they tried in Arizona. I'd call that progress, and a smart US company going where the work is.
Anyway, thanks for confirming that SPAIN has the better incarnation of the Aurantia's technology while the US has the mistakes of the technology. For sure there would be local ownership issues, technology transfers and other regulations when an overseas company is allowed to set up camp. Local benefits of the technology, including local jobs, improved economy benefits Spain and not USA. The CEO's in the US do not give away money to common people to revitalize the economy, they reinvest most of it overseas or wallow in luxury in exotic places. So who do you think has more advanced algal culture and who has the dilapidated technology with respect to Aurantia's Algal technology, Spain or the US?
We have existed in an intellectually deprived period of time when the WYKWYB system (who you know - who you blow) - where executive and political contacts have been valued more than basic executive management skills in accessing and effectively utilizing both good science and sound economic analysis to determine new venture development in alternative energy. That period has come to its predictable and disastrous end. While it's over now, the momentum of its legacy of executive incompetence will linger on in projects like the one described in this article. Until algae derived fuels can compete in the open market with petroleum fuels at their lowest production cost levels($70/b isn't even close), or until the US sets minimum price limits for petroleum fuels that alternative energy products can compete with - algae based fuels like most other forms of alternative energy development can't become and effective economic reality.
Kiwiiano beat me to it, their math is crazy. This works as long as the oil exists, as soon as the oil is burnt it produces CO2. Do Coke and Pepsi get huge carbon credits for the millions of tons of CO2 that they sequester in bottles ans cans?
William Crow is on to something but with a twist, having children leads to more CO2 production, so how long will it take before that is regulated?
- by solar_nano February 18, 2009 8:19 AM PST
- We are headed toward an all electric, no fossil fuel society. The algae grows absorbing 2 tons of CO2 for every ton of alga growth. Extracted algae oil is used to make electricity allowing 1 ton of algae generated from the electricity to be recycled back, along with an additional 1 ton of CO2 from the cement plant to grow more algae oil, along with animal feed and pharmaceuticals and so on. Clean and easy.
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