[Rhodes22-list] Solution to energy crisis.
Brad Haslett
flybrad at gmail.com
Wed Jul 16 17:19:50 EDT 2008
Rummy,
Certainly a much better bet than lotto tickets. If the idea didn't have
merit Boeing wouldn't be funding research on algae in New Zealand (BTW, you
can't buy shares in that company because of US securities laws protecting
you from yourself). There will be some winners who invent the most
efficient process (who knows-could be Valcent) and some winners because of
economies of scale. If it works, builders of diesel engines will be big
winners (you go Tennessee VW!) I'm not usually one for 'gubment' meddling
in markets but I've been pretty consistent over the years of wanting to wean
ourselves off imported oil. We could do that by taxing carbon outputs which
would kill off ethanol (barely better than crude oil) and would favor algae.
I still think global warming is a crock but carbon is the key to everything,
ie, crude oil holds more carbon density than any other fuel which is why my
airplane needs the stuff so badly and makes crude so difficult to replace as
a transportation fuel. A carbon tax would also make nukes a no-brainer over
coal-fired electricity. And yes, that will be the political fight from hell
with the various industries jockeying for position. A solution is out there
somewhere and the market will find it, in the meantime, we need more oil
wells to keep the economy lubed and running until the next generation fuel
is ready.
Someone is going to make some money, may as well be you!
Brad
On Wed, Jul 16, 2008 at 2:41 PM, <R22RumRunner at aol.com> wrote:
> Brad,
> I couldn't pass this up. I've purchased 500 shares of Valcent just in case
> it turns into the next Microsnot.
>
> Rummy
>
>
> In a message dated 7/16/2008 1:37:56 P.M. Eastern Daylight Time,
> flybrad at gmail.com writes:
>
> Rummy,
>
> Boeing believes in algae!
>
> http://blog.wired.com/cars/2008/06/aviation-gets-b.html
>
> Someone may very well unlock the door to success here. I know there will
> be
> all kinds of cries for government funding, but the government will pick
> winners and losers based on who has the most political clout or who writes
> the best funding grant. Uhhh, the Corn Lobby comes to mind. Boeing has a
> lot to lose if we don't find an alternative and they and other interested
> parties are funding research. The worst thing that could happen is if oil
> becomes "cheap" again. In the meantime, we need to drill until the winner
> of this race appears. From an investor point of view, the victors in
> alternative fuel will be much like the giants of radio/television,
> computer
> software, and other natural oligopoly businesses. If algae is viable, it
> will be done - by the few who remain.
>
> Brad
>
> On Wed, Jul 16, 2008 at 7:35 AM, <R22RumRunner at aol.com> wrote:
>
> > _Click here: Untitled Document_
> > (http://www.valcent.net/i/misc/Vertigro/index.html)
> >
> >
> >
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