70 Million Investment for Ethanol
Interesting if it gets off the ground!
Joule Unlimited, a startup based in Bedford, Massachusetts, has received $70 million to commercialize technology that uses microÃÂ¶rganisms to turn sunlight and carbon dioxide into liquid fuel.
The company claims that its genetically engineered bacteria will eventually be able to produce ethanol for as little as $1.23 a gallon or diesel fuel for $1.19 a gallon, less than half the current cost of both fossil fuels and existing biofuels.
I wish them luck
Here is a link that might be useful: Joule