Posted on 05/04/2006 1:53:00 PM PDT by Ernest_at_the_Beach
MIT is full of very smart IDIOTS.
ClearFuels Technology Wins Cleantech Prize
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Presentation on making ethanol from cellulosic feedstock wins Most Promising Presenter award at Cleantech Venture Forum
San Francisco, March 22, 2006 -- ClearFuels Technology, Inc., was one of 18 companies selected to present at the Cleantech Venture Forum held March 20-22, 2006, in San Francisco. At the end of the conference, which attracted hundreds of investors and entrepreneurs interested in technologies that will provide alternative energy and environmental solutions, ClearFuels walked away with the "Most Promising Presenter" prize.
ClearFuels, a Garage portfolio company, is developing technology that converts cellulosic biomass, such as sugar cane bagasse, crop waste, wood waste, and energy crops, into fuel grade ethanol using a unique, patented steam reformation process. The company is hoping to fulfill the promise of replacing imported petroleum with "home grown" (literally) ethanol. ClearFuels is based in Hawaii.
After the conference, one of the founders of ClearFuels, Eric Darmstaedter, was interviewed by the Red Herring. Read the Red Herring interview.
Ever heard of NUCLEAR energy.
I'd get excited by that, but since we'll be using oil for the next 300 years, minimum, I'll hold off on clean fuel investments.
Get lost you tree hugging hippie.
Key phrase in bold.
Then we better get it from outer space. Saudi Arabia has approx 261 billion barrels in proven reserves and the U.S. consumes 19 million . That's about 37 years worth.
I am converting my car so that it burns a mixture of cow chips and used cat litter.
That's just Saudi Arabia. There is more alot more to be discovered than what has been extracted or located to date.
The Dept of Energy was originally going to come up with solutions to the energy problem, but they took over nukes and oil and did some R&D on coal, originally for $5 billion a year and now $23 billion a year. The best place for research is the universities; even if it ends up absorbing nothing but federal funding, at least some research will be done.
Your probably right, but what's gonna lubricate the tectonic plates if we use up all the oil.
And, additionally, Iran and the islamic world are going to bring on Armageddon within two or three year.
My three android girlfriends (currently on back order) and I are going to set sail for the horse head nebula. Unfortunately, my new "space ark" is also on backorder (and on layaway...seems that planning an off-planet future is bad for one's credit rating).
Where, just to replace what the world uses a year we have to find 30.6 billion barrels of oil a year. At the present projected use we will have to find 36.5 billion barrels a year. In 2020 China will have more cars than the US.
If I knew where, chances are I'd be freeping from my Chateau in the Grand Tetons, not from my office desk.
If they were lubricated....why do we get earthquakes?
Energy Schmenergy...we need to steer more research money and resources to NASA so we can go to MARS.
Er...that was a joke.
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