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70 Million Investment for Ethanol

Posted by labrea 7NYC (My Page) on
Sat, Feb 25, 12 at 22:05

Interesting if it gets off the ground!

Joule Unlimited, a startup based in Bedford, Massachusetts, has received $70 million to commercialize technology that uses microörganisms 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

Follow-Up Postings:

RE: 70 Million Investment for Ethanol

An alternate fuel like that makes more practical sense than an all electric car. This is something that can be implemented sooner than later and help decrease the demand on fossil fuel, not to mention bringing some relief to family budgets.

RE: 70 Million Investment for Ethanol

Privately held company would be a nice investment!

RE: 70 Million Investment for Ethanol

There's a lot of interesting stuff out there using algae, sunlight, and other inputs, like CO2. Exxon and some group in New Zealand have a way of converting methane into gasoline, although I dunno even the rough outline of that one.

Exxon also joined up with Craig Venter, of human DNA sequencing fame, and pledged 500 million in an genetically modified DNA algae scheme - Scientific American interview with Venter at the link. The guy may be a jerk, but does have some interesting insights.

There is also a start-up algae farm near here in the high desert, run by the Southern Ute tribe.

Here is a link that might be useful: link to Vener interview

RE: 70 Million Investment for Ethanol

  • Posted by ohiomom 3rdrockfromthesun (My Page) on
    Sun, Feb 26, 12 at 10:27

I am for "alternative" energy !

RE: 70 Million Investment for Ethanol

I saw a documentary once on fuel being produced in Brazil. It was smack dab in the middle of sugar cane country. Many cars and most buses in the region were converted to use that particular kind of fuel and it was being produced at a cheaper price than regular gas.

I can imagine something like that would be quite practical in say Omaha and Des Moines...maybe as far away as St. Louis, Chicago, Minneapolis.

There's all sorts of strategies a country can take. We seem to want one all-encompassing solution.


RE: 70 Million Investment for Ethanol

I'm glad we are running like hell away from "clean" coal.

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