Archive for the ‘Petro-Chemical’ Category
26/08/2010 1 comment
Let’s cover off what you what you might already know…. Algae are a rather simple life-form that come in well over 65,000 different varieties (with possibly 100’s of thousands more to be identified still!), and they remain on the bleeding edge of Renewable Energy research, and represent a Holy Grail for many of the Disciples of BioFuels since they can also convert light and CO2 into oils and sugars like nothing else on Earth! The trouble with this ‘soon to bloom’ solution, is that most of the large PetroChemical Giants are also already well up to speed in their efforts to squeeze oil out of algae, and they are even starting to be awarded Patents on both processes, and even certain breeds (or mutations) of Algae in order to keep someone else from getting a competetive edge in this newly developing industry.
Of course, this is a familiar story about how progress gets held back by powerful interests that seek to monopolize new ideas, and effectively kill growth prospects for everyone else…But in the case of algae, there might actually be enough biodiversity to go around for everyone, and we might all soon be singing the praises of this smelly, slimy deterant for swimmers, as we thumb our noses at the oil giants who are still trying to get the most from their well-heads.
That is of course, if there’s enough desire for cooperation between Bankers, Researchers, and the independent Industrialists who can move these ideas forward , rather than holding all their cards too close to their chest… Surely we don’t need another reason to wonder what companies like BP, Shell, and Exxon-Mobile have hidden in their sleeves, when it comes to assimilating good energy ideas, and then sitting on them until the oil runs dry!