Betting on Algae and Big Oil?

Tuesday, October 13th, 2009

algaebioreactorDoes that headline grab you? If not, these numbers should:

  • $600 million: the amount Exxon has pledged to invest in a partnership with Synthetic Genomics
  • $10 million: the amount BP has invested in Martek Biosciences
  • 25 percent: the percentage of gasoline that will be replaced by biofuels by 2030, according to BP
  • 36 billion gallons: biofuels to be produced in the United States by 2022, as mandated by the U.S. Renewable Fuels Standard.
  • If that has not grabbed your attention yet, consider that in January of this year, Continental Airlines completed a test flight using a biofuel mixture, which included fuel derived from algae. The test flight yielded a 1.1 percent increase in fuel efficiency compared to a jet engine using traditional jet fuel.

    That isn’t exactly a great leap forward, but achieving incremental increases in fuel efficiency coupled with the latest engine technology, as well as use of new materials in aircraft production, such as the Boeing 787, could signal a dynamic shift for the airline industry. (more…)


    Vol. II: Is CleanTech really an industry? (Today: Environment)

    Thursday, January 8th, 2009

    As a continuation of my post from Monday (What is CleanTech… and, is it really an “industry?”), my thesis continues to be it is not an industry, but CleanTech is indeed a “movement” or a shift in business thinking that will allow for some very new and creative businesses solutions to emerge.  Today I expand into the first of the three pillars (environment, energy, and international cooperation/legislation) that will increasingly bring all business sectors together and drive them to innovate and incorporate clean technologies… or, not at our species’ peril.

    1. ENVIRONMENT
    Not unlike bacteria, humans continue to produce (and reproduce) until they have reached an unsustainable peak. Evidence of this is the persistent need for expansion as was seen in the Roman Empire; or more starkly, the rapid decline of the Mayan culture.  While the recent financial turbulence may not have long-term effects on overall population growth, as we project our consumption rate of our available resources and crowd into the space we have left to grow into, it has become increasingly apparent that our environment is a very real constraint to continued unbridled growth.

    (more…)


     


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