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Obama's Favorite Algae Company
Forbes ^ | February 26, 2012 | by Jeff McMahon

Posted on 02/26/2012 9:18:04 AM PST by Oldeconomybuyer

President Obama’s reference to algae in his Thursday energy speech drew flak over the weekend from Newt Gingrich, who called it “weird” before calling algal biofuel “a terrific concept.” But Obama had political reasons to promote algae in Florida, the sunny, swampy, politically-volatile state he carried in 2008.

The Obama Administration has already sunk $25 million into a Florida company—Alganol Biofuels—that is building an algae biorefinery using a patented technology that promises to streamline the process of extracting oils from algae so they be converted to ethanol.

“We’re making new investments in the development of gasoline and diesel and jet fuel that’s actually made from a plant-like substance — algae,” Obama said in Miami. ” You’ve got a bunch of algae out here, right? If we can figure out how to make energy out of that, we’ll be doing all right.”

Obama’s remarks rest on a 2011 study by the Energy Department’s Pacific Northwest National Laboratory, which found that 17 percent of U.S. oil imports could be displaced by domestic biofuels from algae.

The authors consider 17 percent a viable number based on optimal land and water and geographic placement of algae farms.

They did not propose a timeline for development of an algal energy industry, but they identified a potential Achilles’ Heel of algal biofuels: up to 350 gallons of fresh water would be needed to produce one gallon of oil from algae.

(Excerpt) Read more at forbes.com ...


TOPICS:
KEYWORDS: algae; failure; hoax; obamanomics; porkulus; socialism
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To: FreeAtlanta

Much of the area where I live and work DOES tend toward aridity, though that’s not my chief gripe about projects like this.

What bugs me is that we are constantly legislated and regulated toward conservation of water and everything else, regardless of the legitimacy or practicality of such conservation.

Of course all the supposed standards and regs fall by the wayside when a boondoggle project is put forward by the leftists. Then it doesn’t matter how much water or land or wildlife or whatever needs to be sacrificed.

I agree with you about silly scare tactics used in the name of water conservation and so on—some of that goes on in my home areas too. On the other hand, good water IS precious, and it will be more and more a precious commodity (as well as a precious substance), don’t you suppose?

I can think of better uses for it than compulsory diversion to state-sponsored rip-off schemes.


41 posted on 02/26/2012 12:48:54 PM PST by Fightin Whitey
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To: LomanBill

>> When you planning on releasing your own DARPAnet?

Unlike space travel, the Internet was an inevitability like the light bulb and phone. Not a good example of taxpayer funded initiatives. The JFK Moon effort was a quasi Military operation.

I’m a big proponent of NASA, but I view NASA as an extension of the Military in terms of resource requirements, security, deregulated operating liberty, etc.

The notion the govt must be involved in the advancement of society if there’s to be any is a fallacy save the Military/NASA scenarios.


42 posted on 02/26/2012 1:01:59 PM PST by Gene Eric (Newt/Sarah 2012)
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To: Oldeconomybuyer

He’s at least fulfilling one campaign promise: redistributing the wealth to his cronies - disguised as stimulus money.

Anybody yet account for the millions that went to, for one example, Solyndra, that went belly up so fast it makes your head spin.

Just whose pockets did most of the money slip into?

No one seems to care.


43 posted on 02/26/2012 1:04:55 PM PST by maine-iac7 (.)
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To: FrankR

LO9VE IT-

SEND TO NEWT’S PAC


44 posted on 02/26/2012 1:07:21 PM PST by maine-iac7 (.)
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To: COUNTrecount

University of Chicago-Axelrod.


45 posted on 02/26/2012 1:12:21 PM PST by wiggen (The teacher card. When the racism card just won't work.)
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To: Tzimisce
CHEBY runs deeeep.... (what kind of fish IS this ?)
46 posted on 02/26/2012 1:46:10 PM PST by flat
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To: Oldeconomybuyer

There is a thriving algae company here (http://www.klamathbluegreen.com/)
But there’s more money in algae as a food supplement than as fuel.


47 posted on 02/26/2012 2:16:37 PM PST by Rio
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To: SilvieWaldorfMD

“Plankton’s restaurant is called The Chum Bucket.

If the name fits............”

LOL. That’s right! And The Krusty Krabs could be pertaining to Bill Clinton.


48 posted on 02/26/2012 2:16:45 PM PST by Wisconsinlady (KEEP YOUR LEGISLATORS ON SPEED DIAL AND TELL THEM TO GROW SOME)
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To: Bassfire
“Isn't fresh water a valuable commodity now days?” It is here in Florida. here in lake country, our lakes are so low code enforcement has been fining folks for not cutting the grass under their boat slips/docks!
49 posted on 02/26/2012 2:23:29 PM PST by goodtomato (I'm really, really blessed! WWW.MIKEMcCALISTERFORSENATE.COM check him out!)
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To: Oldeconomybuyer

The DUTCH learned two hundred years ago that Wind Power Sucks! Why is the Greatest Nation ever on Earth chasing Windmills, Solar Panels that dont work on cloudy or rainy days and get dirty and constantly need to be cleaned, thousands of acres of them at a time, and now freakin Green Pond Scum to Ethanol, especially after the Debacle of Turning FOOD CORN to Ethanol, 6 ears of every ten we produce with massive Federal Subsidies and that fuel is destroying our automotive, marine, and Utility Engines (Lawn Mowers, Generators, Snow Blowers, etc.) at a Terrible Rate that is cosyting Billions and Billions in Damage Repair Dollars! Oh!! I forgot, its Obama HUSSEIN destroying America in yet one more insiduous treatorous way of Destroying His HATED AMERICA from Within!! Obama HUSSEIN has certainly taken over where the 9-11 Terrorists terminated in their quest to destroy America, the Enemy of MUSLIMS EVERYWHERE!! ISLAM is NOT A RELIGION OF PEACE, but rather a CULT OF HATE, TORTURE, MURDER AND TREACHERY of their Perceived INFIDELS!


50 posted on 02/26/2012 2:30:23 PM PST by True Republican Patriot (May GOD SAVE OUR AMERICA from ALLAH and his Prophet, HUSSEIN OBAMA!!)
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To: Oldeconomybuyer

““We’re making new investments in the development of gasoline and diesel and jet fuel that’s actually made from a plant-like substance — algae,””

Except it’s not actually made, just in development. So stop acting as if it’s already in production, Obozo.


51 posted on 02/26/2012 2:44:34 PM PST by Eleutheria5 (End the occupation. Annex today.)
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To: COUNTrecount

When did this Thug graduate with his alleged MBA from the University of Chicago? Its strange that no graduation date is given! but then we know NOTHING Historically and thru no known Public Records about Obama HUSSEIN!! Also, please note that a major part of Dr. Jack Cashill’s thesis and discoverys have been proven absolutely TRUE! William AYERS has publicly stated multiple times that Obama’s alleged second authored book is nothing but the writings of a second rate Political Hack! and poorly written at that! while “DREAMS FROM MY FATHER” is a literary Masterpiece in Ayer’s own words!then he tells the listeners he (Ayers) was the author of DREAMS! and then chuckles a little. Dr. Cashill has now gone thru DREAMS since finding thru Andrew Breitbart that Bill Ayers is the MOST ACCOMPLISHED CHEF EVER on whose Creations he has dined! Another light bulb triggered in Dr. Cashill’s mind and he did a further literary search of “DREAMS” for references to important food and chef references that would be common to Non Chefs. “DREAMS” is filled with them, hundreds just like it has hundreds of references to unusual maritime references!!
Each area of which, Bill Ayers is an Expert! and Obama (DUFUSS) HUSSEIN has absolutely no freakin clue!!
AMERICA has been conned by the biggest Drug Cartel in the World today! The DEMOCRAT PARTY LEADERSHIP!!
May GOD SAVE OUR AMERICA from HER ENEMIES WITHIN!!!!
LORD, Please Hear Our Prayers Now for Our Salvation from Our Enemies....AMEN!!


52 posted on 02/26/2012 2:48:25 PM PST by True Republican Patriot (May GOD SAVE OUR AMERICA from ALLAH and his Prophet, HUSSEIN OBAMA!!)
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To: Oldeconomybuyer

53 posted on 02/26/2012 2:48:51 PM PST by Snickering Hound
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To: Oldeconomybuyer

Bankruptcy in 5,4,3,2...


54 posted on 02/26/2012 4:52:56 PM PST by StAnDeliver (=)
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To: Fightin Whitey

[If you want to compare Algae-Gazprom with NASA that’s your (idea) of business too.]

Was the Apollo program a private enterprise - Yes or No?


55 posted on 02/26/2012 5:00:12 PM PST by LomanBill (Animals! The DemocRats blew up the windmill with an Acorn!)
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To: Fightin Whitey

[As far as my “DARPAnet”—mister, I own my own business, I make my own money, I pay my own bills, ]

Do you pay them over the DARPAnet?


56 posted on 02/26/2012 5:05:07 PM PST by LomanBill (Animals! The DemocRats blew up the windmill with an Acorn!)
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To: Fightin Whitey

[I’m sure you figure his invention of the internet was at least an inspiration for THOSE WHO GOT THE DAMNED HARD WORK DONE ON THEIR OWN IN THE PRIVATE SECTOR.]

AlGore didn’t invent the Internet. DARPA did.

http://www.darpa.mil/

Is DARPA a privately funded enterprise or a government one?

How much water does it take for you to grow the straw you keep propping up in the vacuous space where logic and reason obviously does not exist?


57 posted on 02/26/2012 5:13:29 PM PST by LomanBill (Animals! The DemocRats blew up the windmill with an Acorn!)
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To: FreeAtlanta

>>Water doesn’t just go away or get destroyed.

And, per page 2 of the article, in this case it’s Seawater that doesn’t just go away or get destroyed.


58 posted on 02/26/2012 5:15:29 PM PST by LomanBill (Animals! The DemocRats blew up the windmill with an Acorn!)
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To: Gene Eric

>>the Military/NASA scenarios.

Energy independence wouldn’t have strategic Military value?


59 posted on 02/26/2012 5:17:44 PM PST by LomanBill (Animals! The DemocRats blew up the windmill with an Acorn!)
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To: LomanBill

Seriously, you’re not saying investments in algae provide a Military advantage while govt regulations prevent drilling, the pipeline, reactors, etc?


60 posted on 02/26/2012 5:36:41 PM PST by Gene Eric (Newt/Sarah 2012)
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