Cambridge Company That Grows Fuel To Build Facility In New Mexico

[W1CKEDTW1STED]

CAMBRIDGE (AP) – A Massachusetts company that has invented a genetically-engineered organism that converts sunlight, water and carbon dioxide directly into fuel is building its first production facility in New Mexico.

Joule Unlimited of Cambridge on Thursday announced the lease agreement with Lea County for 1,200 acres, with potential to expand to 5,000 acres. They say Lea County has access to the needed solar energy, non-potable water and waste carbon dioxide.

Joule chief executive Bill Sims says it’s a first step toward demonstrating the technology at various sites. Joule proclaims their technology could change the world, but skeptics want to see it work on a large scale.

Joule says its organism secretes a product identical to ethanol and the components of diesel fuel for $30 per barrel. Similar technologies with algae use biomass and are more costly and complicated.

(Copyright 2011 by The Associated Press. All Rights Reserved.)

[Source (http://boston.cbslocal.com/2011/05/05/cambridge-company-that-grows-fuel-to-build-facility-in-new-mexico/)]

Kind of a crazy concept, but I will be very interested to see what it brings.

Thoughts?

[paecmaker]

Can be very usefull if it works.

[ZXDarknessfalls]

Would be great if it worked on a mass scale, make filling my gas tank up not so scary.

[Fr0stByte]

reduced fuel prices?...whats not to like. and its sucking co2 out of the air which will make me less guilty everytime i rip up the roads.

[ROFLBRYCE]

This is an amazing thing for consumers, but I think major industires are going to suffer. Anyone in the camp services / outfitting or the oil business are going to just drop and that's a lot of jobs gone.

It'll be interesting to see how this thing develops

[Saph]

What a brilliant idea!

I am eagerly hoping that the day ALL vehicles in the world are recalled and replaced for free by 100% eco friendly vehicles! This could very well be what makes that happen!!

Of course, however, it has to work on an absolutely massive global scale!!!

Maybe this way Gas stations could actually earn money on people filling their gas tank, since they only earn a few penies per person who fills their tank XD



Anyone in the camp services / outfitting or the oil business are going to just drop and that's a lot of jobs gone.


Where these jobs vanish, I'm very confident that new, and many more, jobs will replace them! First of all:

The Oil business is unfair, profitable for the wrong kind of people, and extremely dangerous for the right kind of people, plus it poses a MASSIVE threat to the balance of nature, as the horrible BP disaster proved quite violently.

People die all the time while pumping oil up, and greedy, careless criminally negligent people sit in their big fancy chair rubbing their little gold ring adorned hands together as their brave, poorly paid(considering the risk)individuals allow the oil to flow, and money to fall into their pockets like an avalanche.

The oil business serves NO good purposes, it only has negative effects on the entire scale.

If eco friendly cars appeared, these people would lose their business, and the brave men could use their expertise most likely in some way to benefit the new way of things, in a much safer and comfortable envoirement, than the oil business. And I'm sure that hundreds a year wont die on the job from it, either.

But as always, I'm sure the piranhas of the business world will somehow find a way to exploit even such a cleansing idea into benefitting them more than anyone else.

It's easy to be evil, but it takes alot of dedication to be good. It's pretty sad, really.


Second of all: It would be nice to be able to fill your tank without feeling like you're gonna be living on the street for the next week and a half for doing so:'(

[leica]

reporting in from new mexico
we've already got a few companies down here trying to produce organic fuel
there's one that set up in my county a while back doing the "similar technolog[y] with algae [that] use[s] biomass" thing

[SiC TwiSteD]

sounds awesome except for the possibility of this organism getting out into the natural habitat which could cause severe ecological problems, i hope they know exactly what they're doing, because an introduced species can destroy a lot

[leica]

it's unlikely that their genetically modified species will thrive naturally in new mexico

nothing can grow here

[paecmaker]

it's unlikely that their genetically modified species will thrive naturally in new mexico

nothing can grow here

But still its one heck of a town.

[ROFLBRYCE]

The Oil business is unfair, profitable for the wrong kind of people, and extremely dangerous for the right kind of people, plus it poses a MASSIVE threat to the balance of nature, as the horrible BP disaster proved quite violently.


I was talking more mainland oil rigs. In Canada it's pretty much all we have through Alberta, Saskatchewan, and Manitoba.


People die all the time while pumping oil up, and greedy, careless criminally negligent people sit in their big fancy chair rubbing their little gold ring adorned hands together as their brave, poorly paid(considering the risk)individuals allow the oil to flow, and money to fall into their pockets like an avalanche.

Big ocean rigs, maybe. Here we have little pumps than run themselves, and it's so safe man. There's only people to set it up and take it down, odd maintenance now and then. And no, not all people are the greedy sit in their chair type, my girlfriends dad is in the oil/camp business and he goes waay out of his way to try and keep his workers happy as possible, he's even caused debt for himself before.


The oil business serves NO good purposes, it only has negative effects on the entire scale.

Remember that next time you take a car, plane, bus, train, mow your lawn with a power mower, weed whack...



If eco friendly cars appeared, these people would lose their business, and the brave men could use their expertise most likely in some way to benefit the new way of things, in a much safer and comfortable envoirement, than the oil business. And I'm sure that hundreds a year wont die on the job from it, either.

But where do the new jobs go? That 300 man camp to set up an oil rig, plus the 10-200 that keep it running, when you only need to set up a 50 man camp, and a dozen people to run new jobs with this "growing" fuel? You can't just go "Let there be jobs!". If anything, it'll increase unemployment rates.


But as always, I'm sure the piranhas of the business world will somehow find a way to exploit even such a cleansing idea into benifitting them more than anyone else.

These eco-friendly cars you're talking about, ;)


Second of all: It would be nice to be able to fill your tank without feeling like you're gonna be living on the street for the next week and a half for doing so:'(
Sounds like your car has bad economy man. My buddy just drove down on a 8th of a tank of gas, on a 345km drive in his Chevrolet Jimmy. http://images03.olx.com/ui/3/88/31/49698731_1.jpg
Think he said it takes him $160 to fill the tank and how much he drives, he fills up every month. It'd be nice to see newer gas guzzlers go away, though. People in Hummers annoy me

[leica]

i pay $60/week for gas ._.
2003 tacoma extended cab

[paecmaker]

I was talking more mainland oil rigs. In Canada it's pretty much all we have through Alberta, Saskatchewan, and Manitoba.

Big ocean rigs, maybe. Here we have little pumps than run themselves, and it's so safe man. There's only people to set it up and take it down, odd maintenance now and then. And no, not all people are the greedy sit in their chair type, my girlfriends dad is in the oil/camp business and he goes waay out of his way to try and keep his workers happy as possible, he's even caused debt for himself before.

Remember that next time you take a car, plane, bus, train, mow your lawn with a power mower, weed whack...


But where do the new jobs go? That 300 man camp to set up an oil rig, plus the 10-200 that keep it running, when you only need to set up a 50 man camp, and a dozen people to run new jobs with this "growing" fuel? You can't just go "Let there be jobs!". If anything, it'll increase unemployment rates.

These eco-friendly cars you're talking about, ;)

Sounds like your car has bad economy man. My buddy just drove down on a 8th of a tank of gas, on a 345km drive in his Chevrolet Jimmy. http://images03.olx.com/ui/3/88/31/49698731_1.jpg
Think he said it takes him $160 to fill the tank and how much he drives, he fills up every month. It'd be nice to see newer gas guzzlers go away, though. People in Hummers annoy me

And what will happen when the oil runs out or that that its not enogh to sustain our way of living. Not soon but it will happen so I say that we need to make ourselves less addicted to oil until then and maybe even totally independent from oil or war and anarchy will happen.