No alcohol produced, no food corn wasted.
Make it from wood chips, switch grass, etc...
http://www.anellotech.com/press.html
http://www.anellotech.com/press4.html
I have seen a lot of barrel equivalent pricing on the process from $10 to $60 US dollars. Still significantly cheaper. However in 2008 after the oil speculators ran oil up to $140, it crashed in a global recession-depression to $34. So I wonder if potential money backers are not willing to invest yet.
We can grow a lot of fuel and I dont mean alcohol. At what cost, I dont know, no doubt the growers will want the maximum price the market can bear.
What we dearly need is competition and more production as energy costs are seriously hurting people everywhere.
http://en.wikipedia.org/wiki/Algae_fuel
Otherwise, you will get other whacky terrible stuff like resource wars as in this type of thinking
http://dieoff.org/
Quote:
Huber's method is for making biofuels from cellulose, the non-edible portion of plant biomass and a major component of grasses and wood. At $10 to $30 per barrel of oil energy equivalent, cellulosic biomass is significantly cheaper than crude oil. The U.S. could potentially produce 1.3 billion dry tons of cellulosic biomass per year, which has the energy content of four billion barrels of crude oil. That's more than half of the seven billion barrels of crude oil consumed in our country each year. What's more, biomass as an energy crop could increase the national farm income by $3 to $6 billion per year.
Quote:
The United States Department of Energy estimates that if algae fuel replaced all the petroleum fuel in the United States, it would require 15,000 square miles (39,000 km2) which is only 0.42% of the U.S. map,[10] or about half of the land area of Maine. This is less than 1⁄7 the area of corn harvested in the United States in 2000.[11] However, these claims remain unrealized, commercially. According to the head of the Algal Biomass Organization algae fuel can reach price parity with oil in 2018 if granted production tax credits.[12]
Notes:
Green bars are OPEC members
Red bars are Russian companies
Blue bars are non-OPEC national oil companies
White bars are public multinationals
