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(UPDATE April 24th) [GM] Joule Creates Renewable Fossil Fuels At Unlimited Quantity. - Page 53

post #521 of 801
Quote:
Originally Posted by SoulThief View Post
It's still possible, however.
This article was posted a few months ago, and we haven't received much of it since, not even a "breaking news" in media outlet.

Which might lead to the conclusion that this technology is years, maybe even decades away from being anywhere near production-state or commercially.

This is perhaps why oil companies haven't acted upon it, they will silently wait this out, after this technology will start to take shape and might endanger the oil market, that's when you strike, not when a bunch of scientists say they developed a new way.

The oil market, is a blueprint for many product, since oil is used in nearly everything we have, much of the purchase price is dependant on the oil price. If somebody were to introduce a new way to create a fossil fuel or the perfect alternative for it, the market would crash, it would be the worst recession ever.
Umm did you read the update. They are in production-state. They just purchased a huge site in New Mexico.

Quote:
Cambridge, Mass. – May 5, 2011 – Marking another milestone in its advance towards commercialization, Joule Unlimited, Inc. today announced the signing of a lease agreement providing access to 1,200 acres in Lea County, New Mexico, with the potential to scale the project up to 5,000 acres for production of renewable diesel and ethanol directly from sunlight and waste CO2. The agreement with Lea County is the first to be completed as part of Joule's production facility siting program.
post #522 of 801
It's truly amazing, to be able to produce renewable petroleum fuels in the middle of a desert wasteland like this. If this is true it's better than hypothetical cold fusion "coming in only 8 years."


Quote:
Originally Posted by Siigari View Post
Where can I buy stock in this company?
You can't. The company is privately held. You would need to find out who are the owners of the company and if some of the owners are publicly traded corporations you could buy their stock. If the owner is a nation state you could buy bonds or invest in that country's currency.

Quote:
Joule was founded by David Berry and Noubar Afeyan of Flagship Ventures. In addition to its founders, Joule's Board of Directors includes Graham Allison, Stelios Papadopoulos, Ruben Vardanian, and CEO, Bill Sims. [8]. Joule's Scientific Advisory Board includes synthetic biologists George Church and Jim Collins.
http://www.jouleunlimited.com/about/overview


This is a link for the board of directors of Flagship Ventures: http://www.flagshipventures.com/venture-capital/team This is the company that directly funds Joule Unlimited. One idea is to google these individuals and find out what other cookie jars they have their hands in and try to use that info to your advantage. You don't get cash like this by keeping a low profile.

Here's the CEO, a very busy boy - a mad scientist if you will: http://investing.businessweek.com/bu...EUTICALS%20INC
"This person is connected to 167 board members in 15 different organizations across 21 different industries."
Edited by TehStone - 6/6/11 at 6:35pm
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post #523 of 801
Thread Starter 
Quote:
Originally Posted by SoulThief View Post
It's still possible, however.
This article was posted a few months ago, and we haven't received much of it since, not even a "breaking news" in media outlet.

Which might lead to the conclusion that this technology is years, maybe even decades away from being anywhere near production-state or commercially.

This is perhaps why oil companies haven't acted upon it, they will silently wait this out, after this technology will start to take shape and might endanger the oil market, that's when you strike, not when a bunch of scientists say they developed a new way.

The oil market, is a blueprint for many product, since oil is used in nearly everything we have, much of the purchase price is dependant on the oil price. If somebody were to introduce a new way to create a fossil fuel or the perfect alternative for it, the market would crash, it would be the worst recession ever.
Read the edit.
post #524 of 801
Thread Starter 
Update #2, 7/13/11

http://www.jouleunlimited.com/news/2...advisory-board

Quote:
Joule today announced the charter members of its strategic advisory board, encompassing wide-ranging expertise in oil & energy, biotech corporate strategy and international business leadership.

Joule's strategic advisory board is chaired by Cheryl Morley, who spent 26 years in a number of leadership roles with Monsanto Company, a global leader in the agricultural industry. As Senior Vice President of Corporate Strategy she oversaw mergers, acquisitions and Monsanto's venture fund.

Armen Sarkissian is a former Prime Minister of Armenia and the founding President of Eurasia House International, which fosters critical dialogue and cooperation among political and business leaders. A well-known civic leader, he holds honorary and executive positions in numerous international organizations, including the role of Chairman of the Global Council on Energy Security for the World Economic Forum.

Peter Tertzakian is Chief Energy Economist and Managing Director at ARC Financial Corp., where he is a member of the Executive, Investment and Strategy committees. His background in geophysics, economics and finance has established him as an internationally recognized expert in energy matters, as well as the best-selling author of A Thousand Barrels A Second and The End of Energy Obesity.
post #525 of 801
That's a pretty hefty team right there. Good to hear they are still moving forward. And good luck to them in finding partners and means of production.
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post #526 of 801
Oh god no!!! Not Monsanto!!!! They are the scum of the earth, tainting our foods and putting our farmers out of business. As for the other 2 they don't sound like good folk either.
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post #527 of 801
Quote:
Originally Posted by KusH View Post
Oh god no!!! Not Monsanto!!!! They are the scum of the earth, tainting our foods and putting our farmers out of business. As for the other 2 they don't sound like good folk either.
They may be bad people but their good for the business and the business is good for the world. Just let me know when the business goes public so I can make money with them

EDIT: POST 4000!
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post #528 of 801
YES YES YES!

The Corvette I buy the second I turn 25 is going to LOVE THIS.

...I'll probably enjoy this as well.
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post #529 of 801
Please get this rolling soon...I am surprised the current government isn't trying to dump as many tax dollar into this as possible to get rolling. I would have figured Obama would be shouting the news of it from the roof of the white house. If cheaper gas isn't a vote getter in this day and age I don't know what is. Well...besides jobs, but cheaper fuel will help with that.
Edited by Vagrant Storm - 7/13/11 at 10:04am
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post #530 of 801
Still we have the issue of how inefficient ICE's are...Carbon neutral is nice, but having a more efficient automotive industry would be even better.
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