Wednesday, August 19, 2009

Native American Biofuel




This great article in the NYTimes showcases the synergistic potential for next generation biofuels to work with existing fuel sources. Like Craig Venters partnership with Exxon that I highlighted earlier, feeding algae waste CO2 from industrial waste streams seems like a great way to help out chemical and power companies reduce waste as we move towards a higher cost of polluting via a proposed cap and trade system one way or another.

These algal systems will allow companies to cut down on emissions as well as generating some profitable by-products similar to using industrial fly-ash to produce drywall for housing.

As far as Solix’s AGSTM Technology, I am not a believer. It seems to refer to the housing unit for the algae and I would place my bets that Exxon and Venter will have some equally good aquaculture units as well as some really exciting strains of algae to work with.

Tech aside, the business model that the Ute Indians are working with seems a refreshing combination of ethics and economics. Taking the long view is better for everyone.

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