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For those of you who are bettin’ folks, traders on the Chicago Climate Exchange view the Democrats as more bullish on cap-and-trade systems. So if you’re betting on a Democratic victory, you’ll want to buy those contracts now, in anticipation of a price spike on Nov. 5 (Politico).
Toyota Prius sales have topped 1 million and dealers in most markets simply can’t keep them on the shelves. Toyota says domestic inventory is limited by production […]
I happened across this video on algae biofuel today: a company I’ve never heard of, Valcent Products, claims they can grow algae to produce oil yields of 100,000 gallons per acre. That’s the upper range of estimates I’ve seen for algae production—an absolutely phenomenal amount of oil—which Valcent attributes to their ‘high density vertical bioreactor’ system. Check it out (more video after the jump):
[kml_flashembed movie="http://www.youtube.com/v/1MeIgaRfyD4" width="425" height="355" wmode="transparent" /]
By Max Lindberg •
April 8, 2008
Would I put you on? It’s true, algae-based biofuels are being produced from CO2 emitted from smokstacks.
It’s happening through a company called GreenFuel, headquartered in Cambridge, Mass.
GreenFuel has been partnering with Arizona Public Service Company to create biofuels from algae grown using carbon dioxide (CO2) emissions from a power plant. The companies successfully grew algae at APS’ Redhawk natural gas power plant in Arizona, and is moving their tests to a coal-fired power plant at Farmington, NM.
According to a release from APS, algae at Redhawk grew at levels 37 times higher than corn and 140 times higher than soybeans, which are now used to create biofuels.
By Max Lindberg •
February 22, 2008
In what has become a somewhat confusing change in terminology, Boeing has announced it will use a first-generation feedstock for the fuel to be used in its upcoming demonstration flight this month.
It was first reported in January that Virgin Atlantic would test flight a Boeing 747 jetliner using a biofuel, without naming the fuel. An algae-derived biofuel was, however, mentioned as a strong possibility for the flight between London Heathrow airport and Amsterdam. […]
By Max Lindberg •
February 19, 2008
Virgin Atlantic Airways will use a 20% blend of algae-derived biofuel in a demonstration flight later this month. The fuel will be fed to one engine through an independent system in order not to mix with the fuel going to the other three engines.
In January, Virgin announced it would conduct the test flight, and only hinted at the use of an algae-based biofuel for the test. Flight quoted a document verifying the use of […]