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Secretive U.S. biotech company develops bacteria that delivers energy cost equivalent of $30/BBL
Globe and Mail ^ | January 18, 2011 | NEIL REYNOLDS

Posted on 01/18/2011 7:27:49 PM PST by SCPatriot77

In September, a privately held and highly secretive U.S. biotech company named Joule Unlimited received a patent for “a proprietary organism” – a genetically adapted E. coli bacterium – that feeds solely on carbon dioxide and excretes liquid hydrocarbons: diesel fuel, jet fuel and gasoline. This breakthrough technology, the company says, will deliver renewable supplies of liquid fossil fuel almost anywhere on Earth, in essentially unlimited quantity and at an energy-cost equivalent of $30 (U.S.) a barrel of crude oil. It will deliver, the company says, “fossil fuels on demand.”
. . .
Joule says it now has “a library” of fossil-fuel organisms at work in its Massachusetts labs, each engineered to produce a different fuel. It has “proven the process,” has produced ethanol (for example) at a rate equivalent to 10,000 U.S. gallons an acre a year. It anticipates that this yield could hit 25,000 gallons an acre a year when scaled for commercial production, equivalent to roughly 800 barrels of crude an acre a year.

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


TOPICS: Business/Economy; Miscellaneous; News/Current Events
KEYWORDS: environment; fossilfuels; hydrocarbons; oil
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To: MarineBrat
"Believe it when I see it. If it worked they’d be busy counting money instead of putting out news reports."

Yep. They would not be hunting money, they'd be printing it.

41 posted on 01/18/2011 8:31:30 PM PST by Mariner (USS Tarawa, VQ3, USS Benjamin Stoddert, NAVCAMS WestPac, 7th Fleet, Navcommsta Puget Sound)
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To: SCPatriot77

Every day we find a cure for cancer, a cure for AIDS, something to replace oil...


42 posted on 01/18/2011 9:06:05 PM PST by mewykwistmas ("Politicians are the same all over. They promise to build a bridge even where there is no river. ")
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To: r9etb

“One is forced to ask... where does the hydrogen part of “hydrocarbons” come from?”

Water?


43 posted on 01/18/2011 9:32:05 PM PST by devere
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To: dila813

“The first rule of PIMPING your IPO....File a B**S**T Patent.”

The founder of this outfit has a PhD from MIT and an MD from Harvard. If he’s a scammer, he’s an extremely well-credentialed one.


44 posted on 01/18/2011 9:39:30 PM PST by devere
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To: devere

my favorite part of the patent is about 3/4 in...

“gggctggcga tgagcgaaat gtagtgctta cgttgtcccg catttggtac 342gtaa ccggcaaaat cgcgccgaag gatgtcgctg ccgactgggc aatggagcgc 348gccc agtatcagcc cgtcatactt gaagctagac aggcttatct tggacaagaa 354cgct tggcctcgcg cgcagatcag ttggaagaat ttgtccacta cgtgaaaggc 36cacca aggtagtcgg caaataatgt ctaacaattc gttcaagccg acgccgcttc 366cggc ttaactcaag cgttagatgc actaagcaca taattgctca cagccaaact 372tcaa gtctgctttt attattttta agcgtgcata ataagcccta cacaaattgg 378tatc atgaggcgcg ccacgagtgc ggggaaat”

now, where did I leave my micro-biology textbook????


45 posted on 01/18/2011 9:55:15 PM PST by whiterhino
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To: devere

happens all the time.....there have been countless patents files when a firm is in need of cash infusion. Either for IPO or so they can go to their investors and hit them up again.

Trust me, got burnt by this junk.

A lot of times the problem is that the trick only works in a few drops of water. The bacteria can’t reproduce after a few generations, need special conditions.... on and on....

Basically, everything has to go right, and one little itty bitty problem will sink the whole thing.

There are bacteria in everyone’s petri dishes that do some trick. The trick is doing it on a truly industrial scale.

I am sure eventually someone will actually pull it off, but this patent filing isn’t a press release saying they are anywhere close to going to market. No, it is nothing more than a whimpering of a patent filing used for begging for money.


46 posted on 01/18/2011 9:58:41 PM PST by dila813
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To: whiterhino

g=guanine, c=cytosine, t=thymine, and a=adenine
I have no idea what the numbers mean.


47 posted on 01/18/2011 10:07:11 PM PST by devere
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To: devere

May/June 2010 article in Technology Review, the MIT alumni magazine, talks about this guy and product, too.


48 posted on 01/18/2011 10:18:34 PM PST by Tymesup
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To: r9etb

Water?


49 posted on 01/18/2011 11:23:47 PM PST by TXnMA ("Allah": Satan's current alias...)
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To: SCPatriot77
Just that small side-effect that has to be overlooked...The source of the bacteria's food is human tissue...

/sarc

50 posted on 01/19/2011 12:53:40 AM PST by SuperLuminal (Where is another agitator for republicanism like Sam Adams when we need him?)
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