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GE Microbes Make Ersatz Crude Oil From Many Sources
polymath69 writes "According to The Times Online, genetically modified microbes have been developed capable of turning surplus material such as wood chips, sugarcane, or others, not into ethanol, but into a substance which could substitute directly for crude oil. They claim it could be sold for about $50/bbl, and the production process would be carbon negative."
That's what I read the first time my eyes glanced at the topic. Microsoft patenting and controlling the answer to the worlds energy problems... very disturbing and scary thought...
PjotrP
You put to much faith in General Electric. You must be a MBA Professor in the Capital District Area. Where GE can do no wrong. While I have actually did work for them as a consultant and realized how unorganized penny wise pound foolish they are. I wouldn't put it pass them to do a press conference and promote a new tech that is barely in research and say it is possible just to get the stocks up... Not really caring what will happen if the tech doesn't come to life. Although as other posters pointed out the GE is for Genetically Engineered but still, I hate GE worship.
If something is so important that you feel the need to post it on the internet... It probably isn't that important.
"Many fringe energy sources have become cost competitive with geological oil since it more than quadrupled in price. What will be interesting is how the oil giants respond to this competition."
The same way they always respond--Hulk Smash!
Water powered car one day, oil creating carbon negative microbes the next...What i want to know, WHERE IS MY DAMN FLYING CAR!?
No words of wisedom here.