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(UPDATE April 24th) [GM] Joule Creates Renewable Fossil Fuels At Unlimited Quantity. - Page 60

post #591 of 801
From what I know about Monsanto is it's a greedy monstrosity of a company.... sooooooo... ****.
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post #592 of 801
bacteria that eat greenhouse gas and crap out oil

take that religion! wait that didnt make sense
post #593 of 801
I, for one, welcome our new oil-pooping overlords.
 
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post #594 of 801
Not sure about former Monsato people (monsato owns the patents for almost all the worlds genetically modified seeds, and have sued farmers that use natural seeds) but if this is real it may help ease the transition to other energy sources (i'm just hoping it will drop oil prices since it wont be limited anymore)
post #595 of 801
I wanted to update this, bring it back into discussion and so here you are:

Source

Joule Prepares for Global Deployment with Appointment of Proven Industry Experts to Lead Commercial Operations
Quote:
Bedford, Mass. – January 23, 2012 – Joule today announced the appointment of two key executives to manage the company's roll-out of renewable fuel production facilities worldwide. Peter Erich has joined as Executive Vice President, General Manager Commercial Operations, and will lead the team responsible for site development and technology deployment. Paul Snaith has been appointed to build and manage the related partnerships as Head of Business Development & Strategy. Both are veterans of the energy industry with long, successful track records in global management, product development and sales at several relevant companies, including Shell. This growing, specialized team will help to enable commercialization of Joule’s fuel products to begin as soon as 2013.

I believe this is definitely coming to fruition.

( edit ) Fixed source to direct (article?) link.
Edited by GanjaSMK - 1/23/12 at 4:29pm
    
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post #596 of 801
Interesting to see it pan out. I dont believe it will translate to cheaper petrol pricing though. The likes of Shell etc will find excuses to keep costs up.
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post #597 of 801
Quote:
Originally Posted by iscariot View Post

Interesting to see it pan out. I dont believe it will translate to cheaper petrol pricing though. The likes of Shell etc will find excuses to keep costs up.

I was thinking too - wouldn't this just become stifled in a way similar to how diamonds are kept at prices that demand premiums? thinking.gif
    
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post #598 of 801
well i happy that my 5.0 will still have water to drink for years to come.
    
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post #599 of 801
it would be nice if i can get a tank of gas for under $120.
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post #600 of 801
Quote:
Originally Posted by firestorm1 View Post

it would be nice if i can get a tank of gas for under $120.

Do you drive a semi or something ?
    
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Overclock.net › Forums › Industry News › Technology and Science News › (UPDATE April 24th) [GM] Joule Creates Renewable Fossil Fuels At Unlimited Quantity.