Exploring Hydrocarbon Depletion
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pstarr wrote:What an ugly unnecessary post. Could it have anything to do with your GW's foolish ethanol mandate?.
vtsnowedin wrote: Now that we are above $100 per barrel and rising algae oil is or soon will be viable. There is a lot of potential there.
It will never be a source of $2.50 gas but it may become cheaper then $8.00 gas pumped from the glowing hole that used to be Iran.
Sys1 wrote:Algae technology is in the domain of Jaevon paradox. It is not a new energy but a way to improve the use of fossil fuels by using a part of wastes (CO2) currently produced to have more oil. By the way, be sure this "green" oil will be burnt and will in the end finish in the atmosphere.
bcole wrote:DOE BIOMASS PROGRAM AND ALGAE RESEARCHERS NEED TO BE INVESTIGATED!
Solydra story is opening a huge can of worms at the DOE LOAN GURANTEE LOAN PROGRAM. Its not just about the Solar loan guarantee program. Look at all the millions in fees collected by the DOE LOAN GUARANTEE PROGRAM with algae projects less than 20% completed. An audit is being done on all DOE GRANTS to algae researchers and ndividuals from the DOE that are now working in private industry. Very incestuous!
The US taxpayer has spent over $2.5 billion dollars over the last 50 years on algae research. To date, nothing has been commercialized by any algae researcher.
The REAL question is: Does the DOE BIOMASS PROGRAM really want the US off of foreign oil or do they want to continue funding more grants for algae research to keep algae researchers employed at universities for another 50 years?
In business, you are not given 50 years to research anything. The problem is in the Congressional Mandate that says the DOE can only use taxpayer monies on algae research, NOT algae production in the US. So far, algae research has not got the US off of foreign oil for the last 50 years!
A Concerned Taxpayer
ARPA-E halts algae project, citing missed milestones
Jim Lane | February 16, 2012
Share"In Washington, the DOE has halted a research project at Iowa State University funded by ARPA-E to develop biofuel feedstock from an aquatic micro-organism for failing to reach research milestones. About 56% of the $4.4 million grant was used. Politicians against increasing APRA-E funding as proposed by President Obama’s new budget are using it and other halted ARPA-E projects as examples to reject the program."
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