Oil Companies Patent Trolling Biofuel Production
Whatsmynickname writes "Thought oil companies were done patent trolling to try to shut down any efforts to wean us off of crude oil (e.g. Chevron and NiMH batteries)? Think again. BP and DuPont (Butamax) have taken an advanced biofuel company to court over infringement of newly awarded patents for developing biobutanol. When an oil company advertises it is looking for alternative fuels, it's not necessarily because they want to be socially responsible..."
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Oil companies look for alternative fuels because they want to make money, and because there's a lot of money to be had in alternative fuels. Yes, there's a patent dispute here, and yes, patents are lame; but to imply that the only reason for the dispute is because the oil company wants to shut down alternative fuel production is absurd.
BP and DuPont have a lot invested in this field, probably more than the entire opposing company is worth. I can totally understand their view that an upstart is attempting to profit from from their hard work.
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Perhaps BP et al got patents on producing biobutanol because THEY want to produce biobutanol.
You'll be buying BP biobutanol at some point.
So what?
These companies are investing ridiculous amounts of money into alternative fuel research and those wacky conspiracy theorists think it's just to prevent alternative fuels from hitting the market.
Do you really think these *energy* companies care whether they get your money through BP oil or BP biobutanol? All they care is that BP is on the label and they're fueling your vehicle one way or another.
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Every oil company I've seen seems to acknowledge oil is finite. Their estimates of when production will peak differ from environmentalists, but other than OPEC (who says it will never peak) they all seem to understand the concept.
So, that being the case, what do you think they are going to do? Just wait until oil becomes extremely expensive and difficult to get, humans transition to a new power source, and then go out of business because they have to product to sell? Or do you think maybe they'll look in to other energy sources they can sell, be it biofuels, thorium, solar, whatever.
Remember that companies aren't evil, they are just amoral. They don't really care one way or the other, they just want to make money. So no, oil companies aren't interested in the damage they cause, except to the extent the law requires them to be and to the extent the public cares. However that doesn't mean they just want to destroy the world to be evil. Likewise they'll happily sell a limited resource for tons of money today, but that doesn't mean they aren't thinking about what to sell tomorrow.
The higher the price of traditional fuels, the more interest there'll be in biofuels. After all if I invent a process that can deliver a BioOil(tm) at $150/barrel with the potential to scale to $100/barrel in 10 years there is no interest when oil was back down in the $30/barrel range. Now that it is up in the $80 range, it is maybe something to look at, though it is still cheaper just to extract oil. If it went up to $200/barrel, there'd be tons of interest as it'd be cheaper right now.
"We've looked into biobutanol, but it wasn't economically feasible to produce". Wanna bet? Know why? They are in the business of pumping oil from the ground and delivering it to your car. The infrastructure is already bought and paid for. All these alternative energy sources will NEVER be economically feasible to the big oil companies for this reason. That's precisely why you cannot leave ALL biofuel research to the oil companies.