Podesta joins biotech firm with patent promising liquid fuels from solar energy

[pgodbold]

Source: TPM

An upstart firm in Cambridge, Massachusetts said Tuesday that a high-ranking official from both the Clinton and Obama administrations would be joining their board of directors, helping them further a project that may hold the key to saving industrialized society from a long-predicted energy crunch.

The company, Joule Unlimited, was granted a patent in Sept. for their first in a series of microscopic organisms -- genetically altered versions of the E. coli bacteria -- that use sunlight and water in a process similar to photosynthesis to convert captured CO2 into usable crude oil.

Read more: http://www.rawstory.com/rs/2011/01/biotech-firm-promising-liquid-fuels-solar-energy-lands-podesta-board-directors/

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Could this be it?

Joule Unlimited: http://www.jouleunlimited.com/

[jtuck004]

1. Interesting. Not Biodiesel - diesel. Their

process has hydrocarbons as a waste product of the e coli, uses carbon dioxide and sunshine, no "feedstock" such as trees, corn, etc.

[social_critic]

4. Gimmick - > Probably touting the stock

This looks like somebody's touting stock.

[Tunkamerica]

2. but what happens when the sun explodes?

[social_critic]

5. I don't think the sun will explode

It's not supposed to explode because it's the wrong size. It'll just swell and bake us. By then, we'll be teleporting to Andromeda for afternoon tea.

[Tunkamerica]

7. No one ever EXPECTS the sun to explode.

[social_critic]

8. That's right

I sure don't. My analysis shows it'll swell, but it won't explode.

[Little Star]

3. k&r

[bananas]

6. $30 per barrel equivalent

[social_critic]

9. b***s**t!

Forget about $30 per barrel anything. Anybody who has the trick up their sleeves will sell it at market rates. And there just isn't enough feedstock to make the huge volumes we would need for prices to come down. I keep telling you guys, conservation is the key. Why can't you drive smaller vehicles and learn to walk a bit more?