High Energy Density Alternative Fuel
If this is true (and oil prices don't drop tremendously), then someone is going to get very, very wealthy.
Energy density has always been the bane of the biofuel/ethanol from corn industry. If your mileage drops, it can really cut into the emissions and cost savings. But if energy density can be increased while cutting emissions and cost, somebody is going to make bank. The innovation and money being poured into energy research are the only upsides I see to the increased gas prices. Premium is pushing $4/gallon in my locale. Back 4 years ago when gas prices were really high at $1.50/gallon, I didn't think I'd see this day before I turned 40/50.
MB
2 comments:
Sorry it's taken me a while to respond. There's quite a few new technologies on the horizon that I've read about briefly. They often don't provide many details and its hard to know what the future will hold.
But it's a fascinating article. Am I reading it right that "its projected cost is half the current petroleum manufacturing cost" for the same distance traveled? I'm wondering if this is with or without subsidies, since it seems to still depend upon corn or other biomass.
Here, we are over $4 for regular now. It's pretty ridiculous how quickly it is climbing. Volokh had an interesting article recently on Congress' role and their recent legislation: House Passes Bill Authorizing Suing OPEC.
By the way, your link is bad (I just copied and pasted the text to read the article), and it's probably a good idea to give your posts a title (I think you might have attempted one, but it somehow got mixed in with the link?).
Much thanks for keeping the blog alive, MB. :)
Kevin
Kevin,
Thanks as usual, for the thoughtful response. My blogging time has been greatly limited, so I apologize for not being able to continue several discussions recently.
I'll try to fix the link.
MB
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