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(UPDATE April 24th) [GM] Joule Creates Renewable Fossil Fuels At Unlimited Quantity. - Page 4

post #31 of 801
Judging from the article, the company's pilot project succeeded, which goes a way towards proving this technology's commercial viability. If this technology can actually work as claimed on a megabarrel scale, sign me up. I'll wait until the company goes public, then load up on shares; again, depending on how viable the tech is on a significantly upscaled production level.

Regardless, it's going to be years before we see any affect on the consumer market, no matter how viable the technology is. Oil remains the pre-eminent energy investment, for now.
    
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post #32 of 801
Please happen... I can't afford these gas prices.. lol.
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post #33 of 801
Thread Starter 
Quote:
Originally Posted by Chunkylad View Post
Great so when do fuel prices start to drop?
A few years.
post #34 of 801
Quote:
Originally Posted by FuNkDrSpOt View Post
The energy required to take CO2 to oil will be immense AND it has to feed on SOMETHING while giving off waste.

Its similar to when we eat. We might consume 500 calories but the body can only convert around 30% of it to energy.
Seems logical. I was imagining that it just magically became oil when consumed, but it makes sense that they have to convert it. Thx for explaining.
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post #35 of 801
Quote:
Originally Posted by frickfrock99 View Post
I can finally host my famous Tupperware parties without guilt
The power of Christ compels you!
J/k

It's good to see a solution has finally been found
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post #36 of 801
Quote:
Originally Posted by frickfrock99 View Post
I can finally host my famous Tupperware parties without guilt
And I can finally afford to drive across the continent to be there

Quote:
Originally Posted by Skripka View Post
"Progress", is that what you call this? Really?

We've had fuel-cell cars that burn NO gas and only put out H20 for 50 years now. Heck. Chrysler invented the prototype. Dirt cheap gas is one of several things that keep such things from being common.

Chevrolet just sank billions into an electric car program, that may well go belly-up after this.
Where do you think the US gets most of it's electricity? By burning fossil fuels. Electric isn't as green as you think.

I wonder how efficient this really is... because we might live to see an age where if you run out of gas you can just exhale into your tank and let the bacteria do the rest.


Also, depending on how pure the hydrocarbons are, this could potentially be very green. Burning fossil fuels only creates CO2 and water, the harmful gasses like CO come from impurities. If this stuff is pure we could burn it for fuel, and then take the leftover CO2 and convert it back into fuel and burn it again, which means the only by product is water.
    
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post #37 of 801
Quote:
Originally Posted by FuNkDrSpOt View Post
The energy required to take CO2 to oil will be immense AND it has to feed on SOMETHING while giving off waste.

Its similar to when we eat. We might consume 500 calories but the body can only convert around 30% of it to energy.



Eh, it's kinda like sideways-progress but I do agree with you. And forget fuel-cells, we've had the ability to have our cars run on hydrogen fuel a LONG time ago. The conversion process is simple AND still uses the combustion engine.

http://www.newsreview.com/chico/content?oid=25753
Except...

Quote:
Currently most of the hydrogen we produce comes from fossil fuels. 48% comes from natural gas, 30% from oil, 18% from coal, and just 4% from electrolysis. When extracting hydrogen from fossil fuels, it negates much of the potential environmental benefit of using hydrogen as a fuel.
Source

Solve that problem and hydrogen fuel becomes viable...

What part of the fact that Joule's process has "zero dependence on raw materials, agricultural land, crops or fresh water" does not seem like the greenest thing to ever come out of alternative sources of energy?


Quote:
Originally Posted by nathris View Post

...

I wonder how efficient this really is... because we might live to see an age where if you run out of gas you can just exhale into your tank and let the bacteria do the rest.


Also, depending on how pure the hydrocarbons are, this could potentially be very green. Burning fossil fuels only creates CO2 and water, the harmful gasses like CO come from impurities. If this stuff is pure we could burn it for fuel, and then take the leftover CO2 and convert it back into fuel and burn it again, which means the only by product is water.
It's supposed to be twice as efficient as corn ethanol production -- so around 800 barrels per acre per year. So even if it's very efficient, the process obviously isn't fast enough to allow you to reasonably breathe into your tank to refill on gas lol...

But yes, all signs point to this being incredibly green.
Edited by flamingoyster - 1/18/11 at 9:21am
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post #38 of 801
Quote:
Originally Posted by Skripka View Post
And set non-fossil fuel efforts back decades.
You obviously don't have oil heating and have to drive very much... The way I see it, we're using the fuel anyway why not at least make it more accessible and cost effective for everyone not just people who can afford the high premiums and taxes.
I also think this will create a demand for a waste product which is one of the best ways to combat it.
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post #39 of 801
Looks like "Unlimited" Pollution to me.

Anyways nothing is unlimited in a finite planet.

And for those of you bashing alternative energies... How about considering Geothermal or Solar? They're out there, in uncounted quantities, for free.
Edited by ilam3d - 1/18/11 at 9:22am
post #40 of 801
Quote:
Originally Posted by ilam3d View Post
Looks like "Unlimited" Pollution to me.

Anyways nothing is unlimited in a finite planet.

And for those of you bashing alternative energies... How about considering Geothermal or Solar? They're out there, in uncounted quantities, for free.
The only energy required for this fuel comes from water (it doesn't have to be fresh water), CO2 and sunlight. Seems like unlimited to me.

And you think solar is free? It's so expensive and inefficient compared to other energy sources that some countries (I'm looking at you, Czech Republic) force their citizens to buy solar power when accessible because otherwise the companies that produce the solar energy would go bankrupt because of how much more expensive their product is compared to other services.
Edited by flamingoyster - 1/18/11 at 9:24am
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