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.
Joule says its “solar converter” technology makes the manufacture of liquid fossil fuels 50 times as efficient as conventional biofuel production – and eliminates as much as 90 per cent of carbon dioxide emissions. “Requiring only sunlight and waste C0{-2},” it says, “[this] technology can produce virtually unlimited quantities of fossil fuels with zero dependence on raw materials, agricultural land, crops or fresh water. It ends the hazards of oil exploration and oil production. It takes us to the unthinkable: liquid hydrocarbons on demand.”
Obama transition vet joins Joule board
http://www.bizjournals.com/boston/news/ ... board.html
Renewable fuels developer Joule Unlimited Inc. said John Podesta, a veteran of two White House administrations, has joined its board of directors.