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Friday, November 16, 2007
Algae to Biodiesel Firm in Jenkins - A Bit of Mystery
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Algae to Biodiesel Firm in Jenkins - A Bit of Mystery
After being awarded a conditional $1 million state grant, a New York company with aims of refining biodiesel from algae in Jenkins Township remains shrouded in mystery.
Recently, the govt announced $10 million in grants to 24 projects in an effort to reduce the state’s dependence on foreign oil and develop clean-burning sources of energy. Binghamton-based Alternative Fuels Inc.’s slice of the funding is contingent on its production of 20 million gallons of biodiesel by the end of 2008 at the former Techneglas plant...According to the grant application Alternative Fuels filed with DEP, its facility will refine 50 million gallons of biodiesel from algae every year at a cost of 40 cents per gallon.
Read the full report on this here
Nature gave us oil from algae; perhaps we should try Nature's way again
Algae to Biodiesel Firm in Jenkins - A Bit of Mystery
After being awarded a conditional $1 million state grant, a New York company with aims of refining biodiesel from algae in Jenkins Township remains shrouded in mystery.
Recently, the govt announced $10 million in grants to 24 projects in an effort to reduce the state’s dependence on foreign oil and develop clean-burning sources of energy. Binghamton-based Alternative Fuels Inc.’s slice of the funding is contingent on its production of 20 million gallons of biodiesel by the end of 2008 at the former Techneglas plant...According to the grant application Alternative Fuels filed with DEP, its facility will refine 50 million gallons of biodiesel from algae every year at a cost of 40 cents per gallon.
Read the full report on this here
Nature gave us oil from algae; perhaps we should try Nature's way again
Biofuel Boom Puts Pressure on Water - Algae the Solution?
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Biofuel Boom Puts Pressure on Water - Algae the Solution?
The biofuels boom will mean a much tougher battle to find enough water and will push the next generation of ethanol and biodiesel plants to be much more efficient, speakers at the World Food Prize symposium said Friday in Des Moines...
...There are solutions, though. Harvesting the algae that grows in sewage treatment plants and using it to make biofuels that can then be burned at the plants is one technique, some speakers themselves admitted.
Full report here
Nature gave us oil from algae; perhaps we should try Nature's way again
Biofuel Boom Puts Pressure on Water - Algae the Solution?
The biofuels boom will mean a much tougher battle to find enough water and will push the next generation of ethanol and biodiesel plants to be much more efficient, speakers at the World Food Prize symposium said Friday in Des Moines...
...There are solutions, though. Harvesting the algae that grows in sewage treatment plants and using it to make biofuels that can then be burned at the plants is one technique, some speakers themselves admitted.
Full report here
Nature gave us oil from algae; perhaps we should try Nature's way again
BP 4 Jatropha, Butanol for Biofuel...also Algae
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BP 4 Jatropha, Butanol for Biofuel...also Algae
BP is optimistic about the potential of jatropha and butanol in its quest for sustainable biofuel sources, reports Reuters.
BP is also looking at a variety of sources for its biofuel initiative, including algae...
Full news report here
Nature gave us oil from algae; perhaps we should try Nature's way again
BP 4 Jatropha, Butanol for Biofuel...also Algae
BP is optimistic about the potential of jatropha and butanol in its quest for sustainable biofuel sources, reports Reuters.
BP is also looking at a variety of sources for its biofuel initiative, including algae...
Full news report here
Nature gave us oil from algae; perhaps we should try Nature's way again
Wednesday, November 14, 2007
LiveFuels Alliance - Trying to Make Algae to Oil a Success
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Here's an article on the LiveFuels alliance
Nature gave us oil from algae; perhaps we should try Nature's way again
Here's an article on the LiveFuels alliance
Nature gave us oil from algae; perhaps we should try Nature's way again
Genetically Modified Green Algae Has Future Potential
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Algae-in-a-vat may power the future
Genetically modified green algae could one day produce stored energy in the form of hydrogen gas, say Australian researchers, fuelling a hydrogen economy.
Associate Professor Ben Hankamer of the University of Queensland and colleagues report they have increased the sunlight-capturing efficiency of algae that can pump out hydrogen.
If successfully scaled up, the researchers say this could complement or be an alternative to our present carbon-based economy.
Full report here
Nature gave us oil from algae; perhaps we should try Nature's way again
Algae-in-a-vat may power the future
Genetically modified green algae could one day produce stored energy in the form of hydrogen gas, say Australian researchers, fuelling a hydrogen economy.
Associate Professor Ben Hankamer of the University of Queensland and colleagues report they have increased the sunlight-capturing efficiency of algae that can pump out hydrogen.
If successfully scaled up, the researchers say this could complement or be an alternative to our present carbon-based economy.
Full report here
Nature gave us oil from algae; perhaps we should try Nature's way again
Australian Co Biomax to Build Algae to Biodiesel Trial Site
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A small nugget:
Mile Soda, the managing director of Biomax, an Australian company, says a trial site is being built next to the Latrobe power station in Victoria.
Brief report here
Nature gave us oil from algae; perhaps we should try Nature's way again
A small nugget:
Mile Soda, the managing director of Biomax, an Australian company, says a trial site is being built next to the Latrobe power station in Victoria.
Brief report here
Nature gave us oil from algae; perhaps we should try Nature's way again
GSPI Signs Contract to Build Algae-to-Biodiesel Facility in Midwest
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GSPI Signs Contract to Build Algae-to-Biodiesel Facility
GSPI Signs Contract to Build Algae-to-Biodiesel FacilitySAN DIEGOCA-GREEN-STAR-PRODUCTS
Green Star Products, Inc. (OTC:GSPI) today announced that it has signed a contract to build a 100-acre Commercial Algae Facility in the Midwest.
Bio-Tech Research (BTR), who is a Consortium partner with GSPI, has signed the contract with GSPI to start initial preparation and material acquisition for field construction to begin in March 2008.
Full report here
The 100-acre Algae Facility will be constructed adjacent to an existing biodiesel plant and will use the CO2 emitted from the biodiesel plant's boilers to feed a portion of the algae facility needs (CO2 mitigation), which will reduce Global Warming emissions.
Nature gave us oil from algae; perhaps we should try Nature's way again
GSPI Signs Contract to Build Algae-to-Biodiesel Facility
GSPI Signs Contract to Build Algae-to-Biodiesel FacilitySAN DIEGOCA-GREEN-STAR-PRODUCTS
Green Star Products, Inc. (OTC:GSPI) today announced that it has signed a contract to build a 100-acre Commercial Algae Facility in the Midwest.
Bio-Tech Research (BTR), who is a Consortium partner with GSPI, has signed the contract with GSPI to start initial preparation and material acquisition for field construction to begin in March 2008.
Full report here
The 100-acre Algae Facility will be constructed adjacent to an existing biodiesel plant and will use the CO2 emitted from the biodiesel plant's boilers to feed a portion of the algae facility needs (CO2 mitigation), which will reduce Global Warming emissions.
Nature gave us oil from algae; perhaps we should try Nature's way again
Monday, November 12, 2007
The Science Museum Asks: 'Can Algae Save the World?'
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The Science Museum Asks: 'Can Algae Save the World?'
The Science Museum's latest exhibition looks at climate change and the scientific challenges of solving pollution emissions. © Science Museum
A new exhibition at The Science Museum attempts to tackle one of the biggest challenges of the 21st century – climate change.
The exhibition ‘Can algae save the world?’ runs until April 30 2008 and focuses on the role of science in offering possible solutions to the problem by developing the specific technology of biofuels.
The museum has dedicated this exhibition to making sense of the mysteries by clearly setting out the pros and cons in an accessible, interactive way. Visitors can view a ‘Mini Algae Farm’, a device to grow algae, as well as learn about the possibilities of using it as a green alternative to fossil fuels.
Read more from this news story
Nature gave us oil from algae; perhaps we should try Nature's way again
The Science Museum Asks: 'Can Algae Save the World?'
The Science Museum's latest exhibition looks at climate change and the scientific challenges of solving pollution emissions. © Science Museum
A new exhibition at The Science Museum attempts to tackle one of the biggest challenges of the 21st century – climate change.
The exhibition ‘Can algae save the world?’ runs until April 30 2008 and focuses on the role of science in offering possible solutions to the problem by developing the specific technology of biofuels.
The museum has dedicated this exhibition to making sense of the mysteries by clearly setting out the pros and cons in an accessible, interactive way. Visitors can view a ‘Mini Algae Farm’, a device to grow algae, as well as learn about the possibilities of using it as a green alternative to fossil fuels.
Read more from this news story
Nature gave us oil from algae; perhaps we should try Nature's way again
Algae Fuel Research @ University of Georgia
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Pond scum may have bright future
MOULTRIE — University of Georgia researchers are aspiring to give pond scum an image makeover.
Along with a shuttle bus running off chicken fat biodiesel and a tractor using soybean biodiesel, UGA researchers at the Sunbelt Expo last week demonstrated that algae isn’t the scum of the earth. It might just prove to a viable source of biofuels, while at the same time provide Georgia a solution for wastewater woes.
UGA has been experimenting with the manufacture of fuel from biomass — trees, grasses, poultry waste, industrial and agricultural waste. The university has been researching algae’s fuel potential for about a year, said K.C. Das...
Full news story here
Nature gave us oil from algae; perhaps we should try Nature's way again
Pond scum may have bright future
MOULTRIE — University of Georgia researchers are aspiring to give pond scum an image makeover.
Along with a shuttle bus running off chicken fat biodiesel and a tractor using soybean biodiesel, UGA researchers at the Sunbelt Expo last week demonstrated that algae isn’t the scum of the earth. It might just prove to a viable source of biofuels, while at the same time provide Georgia a solution for wastewater woes.
UGA has been experimenting with the manufacture of fuel from biomass — trees, grasses, poultry waste, industrial and agricultural waste. The university has been researching algae’s fuel potential for about a year, said K.C. Das...
Full news story here
Nature gave us oil from algae; perhaps we should try Nature's way again
Opelika School Students Project on Algae to Fuel
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Opelika School Students Project on Algae to Fuel
The answer to the gasoline crunch might be floating in your swimming pool.
Researchers and students at Eastwood Christian School in Opelika have discovered a way to remove oil from chlorella - a blue-green algae. The school is currently working on a process that will turn the dark green, algal oil into a biofuel that will be used as an alternative fuel source to operate vehicles and heavy machinery.
Full news story here @ Opelika Auburn News
Nature gave us oil from algae; perhaps we should try Nature's way again
Opelika School Students Project on Algae to Fuel
The answer to the gasoline crunch might be floating in your swimming pool.
Researchers and students at Eastwood Christian School in Opelika have discovered a way to remove oil from chlorella - a blue-green algae. The school is currently working on a process that will turn the dark green, algal oil into a biofuel that will be used as an alternative fuel source to operate vehicles and heavy machinery.
Full news story here @ Opelika Auburn News
Nature gave us oil from algae; perhaps we should try Nature's way again
Diversified Energy of Gilbert, Arizona into Algae Biofuel
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Diversified Energy of Gilbert, Ariz., is trying to perfect the process for growing algae and then for converting the oil-rich slime into a range of biofuels, including gasoline and jet fuel.
CEO Phillip Brown said the company has a horizontal algae-production system that can produce 150 tons of algae biomass per acre per year at a cost of $32,000.
The system is entrenched in the ground and, once harvested, the algae go through a proprietary three-step process to create the equivalent of conventional fuels.
The company has already raised $5.9 million in startup and angel funding...
Source article @ Green Tech Media
Nature gave us oil from algae; perhaps we should try Nature's way again
Diversified Energy of Gilbert, Ariz., is trying to perfect the process for growing algae and then for converting the oil-rich slime into a range of biofuels, including gasoline and jet fuel.
CEO Phillip Brown said the company has a horizontal algae-production system that can produce 150 tons of algae biomass per acre per year at a cost of $32,000.
The system is entrenched in the ground and, once harvested, the algae go through a proprietary three-step process to create the equivalent of conventional fuels.
The company has already raised $5.9 million in startup and angel funding...
Source article @ Green Tech Media
Nature gave us oil from algae; perhaps we should try Nature's way again
Nano Chemical Systems Holdings Changes Name to BioCentric Energy
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Nano Chemical Systems Holdings Changes Name to BioCentric Energy
Press release
TAMPA, Fla.-- Nano Chemical Systems Holdings, Inc. (Pink Sheets:NCSH), (“Nanochem” or “The Company”) announces that effective immediately it has changed its name to BioCentric Energy Inc (“BCEI”). BCEI, located in Huntington Beach, California, has an established business presence throughout the global vegetable oils market and has built a ‘Worldwide Sourcing Network’ that rapidly moves a plethora of products into formal contractual offers. With offices in California, Florida, and soon to be opening in the European Union, BCEI’s plan is to become a leading provider of Bio-Fuels and Alternative Energy solutions on a worldwide basis. The following is a brief description of BCEI’s current business units:
The BioCentric Energy Consortium:
The Company’s flagship business is the ‘BioCentric Energy Consortium’. The Consortium’s goal is to unify Biodiesel producers allowing for consolidated leverage to increase profitability in the Biodiesel industry. Producers who are part of the Consortium will benefit from competitively priced, stable feedstock supply as well as guaranteed sales of their end product at pricing which they would not be able to achieve on their own.
Mr. Dennis Fisher, Executive Vice President for BCEI stated, “Currency fluctuations coupled with supply and demand factors are affecting the entire gamut of the vegetable oils worldwide. Our Company’s size and market reach provides a distinct advantage for the entire BioCentric Energy Consortium. We are agile enough to modify business decisions quickly, and efficiently to capitalize on opportunities as they arise within the global marketplace.”
Algae to Biofuel: The Ultimate Renewable Energy
Through research and development in the country of Sri Lanka, BCEI is ready to implement a new process that transforms algae to biofuel. BCEI’s Algro technology mass-produces a rapidly growing, high oil content strain of algae that will be converted and refined into feedstock for biodiesel fuel.
Other Projects: Auto Fluff and Methanol-to-Ethanol
BCEI is working with a large west coast scrap recycler that reprocesses automobiles. The recycling process produces thousands of tons daily of a by-product known as “Auto Fluff”, which is presently being shipped to landfills. BCEI is negotiating with the recycler whose interest is in seeing the waste turned into a profit center by utilizing a new technology.
Presently, BCEI is also scheduling an independent laboratory test of a micro-organism that coverts Methanol-to-Ethanol.
Kurt D. Peet, Vice President of Corporate Strategy for BioCentric Energy stated today, “BCEI’s implemented strategies continually explore and develop not only products and services, but most importantly builds relationships that provide solutions for an energy starved world.”
Forward Looking Statements:
Certain statements in this release and other written or oral statements made by or on behalf of the Company are "forward looking statements" within the meaning of the federal securities laws. Statements regarding future events and developments and our future performance, as well as management's expectations, beliefs, plans, estimates or projections relating to the future are forward-looking statements within the meaning of these laws. The forward looking statements are subject to a number of risks and uncertainties including market acceptance of the Company's services and projects and the Company's continued access to capital and other risks and uncertainties outlined in its filings with the Securities and Exchange Commission, which are incorporated herein by reference. The actual results the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. These statements are based on our current expectations and speak only as of the date of such statements.
Contacts
BioCentric Energy Inc, Tampa
Alex Edwards, 813-637-2233
or
Investor Relations:
Redwood Consultants, LLC
Dennis Fisher, 415-884-0348
End of press release
Nature gave us oil from algae; perhaps we should try Nature's way again
Nano Chemical Systems Holdings Changes Name to BioCentric Energy
Press release
TAMPA, Fla.-- Nano Chemical Systems Holdings, Inc. (Pink Sheets:NCSH), (“Nanochem” or “The Company”) announces that effective immediately it has changed its name to BioCentric Energy Inc (“BCEI”). BCEI, located in Huntington Beach, California, has an established business presence throughout the global vegetable oils market and has built a ‘Worldwide Sourcing Network’ that rapidly moves a plethora of products into formal contractual offers. With offices in California, Florida, and soon to be opening in the European Union, BCEI’s plan is to become a leading provider of Bio-Fuels and Alternative Energy solutions on a worldwide basis. The following is a brief description of BCEI’s current business units:
The BioCentric Energy Consortium:
The Company’s flagship business is the ‘BioCentric Energy Consortium’. The Consortium’s goal is to unify Biodiesel producers allowing for consolidated leverage to increase profitability in the Biodiesel industry. Producers who are part of the Consortium will benefit from competitively priced, stable feedstock supply as well as guaranteed sales of their end product at pricing which they would not be able to achieve on their own.
Mr. Dennis Fisher, Executive Vice President for BCEI stated, “Currency fluctuations coupled with supply and demand factors are affecting the entire gamut of the vegetable oils worldwide. Our Company’s size and market reach provides a distinct advantage for the entire BioCentric Energy Consortium. We are agile enough to modify business decisions quickly, and efficiently to capitalize on opportunities as they arise within the global marketplace.”
Algae to Biofuel: The Ultimate Renewable Energy
Through research and development in the country of Sri Lanka, BCEI is ready to implement a new process that transforms algae to biofuel. BCEI’s Algro technology mass-produces a rapidly growing, high oil content strain of algae that will be converted and refined into feedstock for biodiesel fuel.
Other Projects: Auto Fluff and Methanol-to-Ethanol
BCEI is working with a large west coast scrap recycler that reprocesses automobiles. The recycling process produces thousands of tons daily of a by-product known as “Auto Fluff”, which is presently being shipped to landfills. BCEI is negotiating with the recycler whose interest is in seeing the waste turned into a profit center by utilizing a new technology.
Presently, BCEI is also scheduling an independent laboratory test of a micro-organism that coverts Methanol-to-Ethanol.
Kurt D. Peet, Vice President of Corporate Strategy for BioCentric Energy stated today, “BCEI’s implemented strategies continually explore and develop not only products and services, but most importantly builds relationships that provide solutions for an energy starved world.”
Forward Looking Statements:
Certain statements in this release and other written or oral statements made by or on behalf of the Company are "forward looking statements" within the meaning of the federal securities laws. Statements regarding future events and developments and our future performance, as well as management's expectations, beliefs, plans, estimates or projections relating to the future are forward-looking statements within the meaning of these laws. The forward looking statements are subject to a number of risks and uncertainties including market acceptance of the Company's services and projects and the Company's continued access to capital and other risks and uncertainties outlined in its filings with the Securities and Exchange Commission, which are incorporated herein by reference. The actual results the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. These statements are based on our current expectations and speak only as of the date of such statements.
Contacts
BioCentric Energy Inc, Tampa
Alex Edwards, 813-637-2233
or
Investor Relations:
Redwood Consultants, LLC
Dennis Fisher, 415-884-0348
End of press release
Nature gave us oil from algae; perhaps we should try Nature's way again
Bacteria, not Algae, for Biofuel for BP, Arizona State
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Bacteria, not Algae, for Biofuel for BP, Arizona State
Algae's not the only organism that can be used as a feedstock for biofuel.
BP will collaborate with Arizona State University to try to figure out a way of using cyanobacteria, a photosynthetic form of bacteria, as a feedstock for diesel or synthetic petroleum. Ideally, the bacteria could be cultivated in large, contained plots of land baked by the sun--Arizona has a lot of that. The bacteria also consume carbon dioxide to grow. Thus, carbon dioxide could be pumped in from a power plant into the contained bacteria farm. The company could thus make money from selling carbon credits and selling fuel feedstock.
Full story from here
Nature gave us oil from algae; perhaps we should try Nature's way again
Bacteria, not Algae, for Biofuel for BP, Arizona State
Algae's not the only organism that can be used as a feedstock for biofuel.
BP will collaborate with Arizona State University to try to figure out a way of using cyanobacteria, a photosynthetic form of bacteria, as a feedstock for diesel or synthetic petroleum. Ideally, the bacteria could be cultivated in large, contained plots of land baked by the sun--Arizona has a lot of that. The bacteria also consume carbon dioxide to grow. Thus, carbon dioxide could be pumped in from a power plant into the contained bacteria farm. The company could thus make money from selling carbon credits and selling fuel feedstock.
Full story from here
Nature gave us oil from algae; perhaps we should try Nature's way again
‘Algae to Oil’ Initiatives from International Energy
You are at: Oilgae Blog. See the complete list of Oilgae Blog articles.
‘Algae to Oil’ Initiatives from International Energy
Press release
Unlike Food Crops or Cellulosic Materials, Algae Produce Oil Naturally and Can Be Processed to Make Biofuel, the Renewable Equivalent of Petroleum, and Refined to Make Gasoline, Diesel and Jet Fuel
VANCOUVER, British Columbia -- Pursuant to a recently signed collaborative research agreement, International Energy, Inc. (OTCBB: IENI) is pleased to announce that it has launched its “algae to oil” research and development initiatives.
International Energy is working to develop advanced biotechnology protocols for enhanced growth and biofuel productivity based entirely on the photosynthesis of algae, which have the unique capability of taking a waste (zero-energy) form of carbon (CO2) and converting it into a high-density liquid form of energy (natural oil). As a result, algae have emerged as one of the most promising sources for biofuel production.
In contrast to food crops or cellulosic materials, certain algae produce and accumulate oil naturally and can, in the process, clean up waste by absorbing and utilizing nitrogen oxides and carbon dioxide, aiding in carbon sequestration and the mitigation of climate change.
International Energy employs proprietary microalgae that naturally photosynthesize carbon dioxide (CO2) and water (H2O) to liquid hydrocarbons, and accumulate up to 30% of their biomass in the form of biofuels, the renewable equivalent of petroleum.
Hydrocarbons produced from the photosynthesis of unicellular algae offer advantages in the production, storage, and utilization of renewable biofuels, as they can be harvested easily, stored in liquid form and do not require special containment systems. Additionally, the process of industrial scale algae growth in photo-bioreactors is non-toxic, non-polluting, can be scaled up and offers a renewable energy supply.
“With the capacity to produce oil naturally and needing little more than sunlight and carbon dioxide to flourish, algae may well be the antidote to depleting fossil oil reserves and growing concerns about increased levels of atmospheric carbon dioxide,” states Mr. Harmel S. Rayat, a director of International Energy.
Mr. Rayat continues, “Algal biofuel production may also be what’s needed to meet President Bush’s goal of replacing 20 percent of US gasoline consumption by 2017, mostly by producing 35 billion gallons of renewable fuels. Compared to an acre of corn, which can generate around 300 gallons of ethanol each year, an acre of algae has been estimated to produce upwards of 5,000 gallons of biofuel annually.”
For Additional information, please visit: www.internationalenergyinc.com
To receive future press releases via email, please visit
http://www.internationalenergyinc.com/irelations.php
To view the full HTML text of this release, please visit:
http://www.internationalenergyinc.com/05-11-07.php
ABOUT INTERNATIONAL ENERGY INC.
International Energy, Inc. (Symbol: IENI) is developing leading edge technologies for the production of biofuels derived directly from the photosynthesis of green microalgae, which can accumulate up to 30% of their biomass in the form of valuable biofuels.
As a result of current high oil prices, depleting fossil oil reserves and growing concerns about increased levels of atmospheric carbon dioxide, algae have emerged as one of the most promising sources for biofuel production.
Our technology seeks to convert water (H2O) and carbon dioxide (CO2) into useful long-chain liquid hydrocarbons from the photosynthesis of proprietary unicellular microalgae, which offer advantages in the production, storage and utilization of renewable biofuels, as they can be harvested easily, stored in liquid form and do not require special containment systems.
The process of industrial scale algae growth in photo-bioreactors is non-toxic and non-polluting, can be scaled-up, offers a renewable energy supply, and aids in carbon sequestration and the mitigation of climate change.
In contrast to biofuels from food crops or cellulosic materials, certain algae produce and accumulate oil naturally and can in the process clean up waste by absorbing and utilizing nitrogen oxides and carbon dioxide. Additionally, raw algae can be processed to make biofuel, the renewable equivalent of petroleum, and refined to make gasoline, diesel, jet fuel, and chemical feedstocks for plastics and drugs.
For additional information regarding International Energy Inc., please call 1-800-676-1006 to speak with a shareholder representative.
Disclaimer
Certain statements set forth in this press release relate to management's future plans, objectives and expectations. Such statements are forward-looking within the meanings of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical facts included in this press release, including, without limitation, statements regarding the Company's future financial position, potential resources, business strategy, budgets, projected costs and plans and objectives of management for future operations, are forward-looking statements. In addition, forward-looking statements generally can be identified by the use of forward-looking terminology such as "may," "will," "expect," "intend," "project," "estimate," "anticipate," "believe," or "continue" or the negative thereof or similar terminology. Although any forward-looking statements contained in this press release are to the knowledge or in the judgment of the officers and directors of the Company, believed to be reasonable, there can be no assurances that any of these expectations will prove correct or that any of the actions that are planned will be taken. Forward-looking statements involve known and unknown risks and uncertainties that may cause the Company's actual performance and financial results in future periods to differ materially from any projection, estimate or forecasted result. Some of the key factors that may cause actual results to vary from those the Company expects include inherent uncertainties in interpreting engineering and reserve or production data; operating hazards; delays or cancellations of drilling operations because of weather and other natural and economic forces; fluctuations in oil and natural gas prices in response to changes in supply; competition from other companies with greater resources; environmental and other government regulations; defects in title to properties; increases in the Company's cost of borrowing or inability or unavailability of capital resources to fund capital expenditures; and other risks described the Company's most recent Form 10QSB and Form 10-KSB filed with the Securities and Exchange Commission, our quarterly reports on Form 10-QSB and other current reports filed from time-to-time with the Securities and Exchange Commission.
Contacts
International Energy
Mr. Harmel Rayat, 800-676-1006
www.internationalenergyinc.com
End of press release
Nature gave us oil from algae; perhaps we should try Nature's way again
‘Algae to Oil’ Initiatives from International Energy
Press release
Unlike Food Crops or Cellulosic Materials, Algae Produce Oil Naturally and Can Be Processed to Make Biofuel, the Renewable Equivalent of Petroleum, and Refined to Make Gasoline, Diesel and Jet Fuel
VANCOUVER, British Columbia -- Pursuant to a recently signed collaborative research agreement, International Energy, Inc. (OTCBB: IENI) is pleased to announce that it has launched its “algae to oil” research and development initiatives.
International Energy is working to develop advanced biotechnology protocols for enhanced growth and biofuel productivity based entirely on the photosynthesis of algae, which have the unique capability of taking a waste (zero-energy) form of carbon (CO2) and converting it into a high-density liquid form of energy (natural oil). As a result, algae have emerged as one of the most promising sources for biofuel production.
In contrast to food crops or cellulosic materials, certain algae produce and accumulate oil naturally and can, in the process, clean up waste by absorbing and utilizing nitrogen oxides and carbon dioxide, aiding in carbon sequestration and the mitigation of climate change.
International Energy employs proprietary microalgae that naturally photosynthesize carbon dioxide (CO2) and water (H2O) to liquid hydrocarbons, and accumulate up to 30% of their biomass in the form of biofuels, the renewable equivalent of petroleum.
Hydrocarbons produced from the photosynthesis of unicellular algae offer advantages in the production, storage, and utilization of renewable biofuels, as they can be harvested easily, stored in liquid form and do not require special containment systems. Additionally, the process of industrial scale algae growth in photo-bioreactors is non-toxic, non-polluting, can be scaled up and offers a renewable energy supply.
“With the capacity to produce oil naturally and needing little more than sunlight and carbon dioxide to flourish, algae may well be the antidote to depleting fossil oil reserves and growing concerns about increased levels of atmospheric carbon dioxide,” states Mr. Harmel S. Rayat, a director of International Energy.
Mr. Rayat continues, “Algal biofuel production may also be what’s needed to meet President Bush’s goal of replacing 20 percent of US gasoline consumption by 2017, mostly by producing 35 billion gallons of renewable fuels. Compared to an acre of corn, which can generate around 300 gallons of ethanol each year, an acre of algae has been estimated to produce upwards of 5,000 gallons of biofuel annually.”
For Additional information, please visit: www.internationalenergyinc.com
To receive future press releases via email, please visit
http://www.internationalenergyinc.com/irelations.php
To view the full HTML text of this release, please visit:
http://www.internationalenergyinc.com/05-11-07.php
ABOUT INTERNATIONAL ENERGY INC.
International Energy, Inc. (Symbol: IENI) is developing leading edge technologies for the production of biofuels derived directly from the photosynthesis of green microalgae, which can accumulate up to 30% of their biomass in the form of valuable biofuels.
As a result of current high oil prices, depleting fossil oil reserves and growing concerns about increased levels of atmospheric carbon dioxide, algae have emerged as one of the most promising sources for biofuel production.
Our technology seeks to convert water (H2O) and carbon dioxide (CO2) into useful long-chain liquid hydrocarbons from the photosynthesis of proprietary unicellular microalgae, which offer advantages in the production, storage and utilization of renewable biofuels, as they can be harvested easily, stored in liquid form and do not require special containment systems.
The process of industrial scale algae growth in photo-bioreactors is non-toxic and non-polluting, can be scaled-up, offers a renewable energy supply, and aids in carbon sequestration and the mitigation of climate change.
In contrast to biofuels from food crops or cellulosic materials, certain algae produce and accumulate oil naturally and can in the process clean up waste by absorbing and utilizing nitrogen oxides and carbon dioxide. Additionally, raw algae can be processed to make biofuel, the renewable equivalent of petroleum, and refined to make gasoline, diesel, jet fuel, and chemical feedstocks for plastics and drugs.
For additional information regarding International Energy Inc., please call 1-800-676-1006 to speak with a shareholder representative.
Disclaimer
Certain statements set forth in this press release relate to management's future plans, objectives and expectations. Such statements are forward-looking within the meanings of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical facts included in this press release, including, without limitation, statements regarding the Company's future financial position, potential resources, business strategy, budgets, projected costs and plans and objectives of management for future operations, are forward-looking statements. In addition, forward-looking statements generally can be identified by the use of forward-looking terminology such as "may," "will," "expect," "intend," "project," "estimate," "anticipate," "believe," or "continue" or the negative thereof or similar terminology. Although any forward-looking statements contained in this press release are to the knowledge or in the judgment of the officers and directors of the Company, believed to be reasonable, there can be no assurances that any of these expectations will prove correct or that any of the actions that are planned will be taken. Forward-looking statements involve known and unknown risks and uncertainties that may cause the Company's actual performance and financial results in future periods to differ materially from any projection, estimate or forecasted result. Some of the key factors that may cause actual results to vary from those the Company expects include inherent uncertainties in interpreting engineering and reserve or production data; operating hazards; delays or cancellations of drilling operations because of weather and other natural and economic forces; fluctuations in oil and natural gas prices in response to changes in supply; competition from other companies with greater resources; environmental and other government regulations; defects in title to properties; increases in the Company's cost of borrowing or inability or unavailability of capital resources to fund capital expenditures; and other risks described the Company's most recent Form 10QSB and Form 10-KSB filed with the Securities and Exchange Commission, our quarterly reports on Form 10-QSB and other current reports filed from time-to-time with the Securities and Exchange Commission.
Contacts
International Energy
Mr. Harmel Rayat, 800-676-1006
www.internationalenergyinc.com
End of press release
Nature gave us oil from algae; perhaps we should try Nature's way again
AlgaeLink N.V. / BioKing B.V. Selling AlgaeLink photobioreactor
You are at: Oilgae Blog. See the complete list of Oilgae Blog articles.
Supersized Algae Bioreactors
A Dutch firm with ties to the biodiesel industry is the first to market an industrial-scale algae photobioreactor that may provide a solution to oil-hungry producers.
One promising new fuel source is algae. Many companies and universities are working to unlock the potential of these single-celled plants, which can contain up to 50 percent oil by weight and double their numbers in a single day. Nearly all of these projects are still in the development stages, however, and won’t be attempting a commercial-scale project until late 2008 or 2009...
One firm, however, has broken from the pack and is selling commercial-scale algae systems. AlgaeLink N.V. is a subsidiary of BioKing B.V., a manufacturer of biodiesel production equipment based in the Netherlands. The company began selling its AlgaeLink photobioreactor system in the third quarter of 2007....
Read more from here
Nature gave us oil from algae; perhaps we should try Nature's way again
Supersized Algae Bioreactors
A Dutch firm with ties to the biodiesel industry is the first to market an industrial-scale algae photobioreactor that may provide a solution to oil-hungry producers.
One promising new fuel source is algae. Many companies and universities are working to unlock the potential of these single-celled plants, which can contain up to 50 percent oil by weight and double their numbers in a single day. Nearly all of these projects are still in the development stages, however, and won’t be attempting a commercial-scale project until late 2008 or 2009...
One firm, however, has broken from the pack and is selling commercial-scale algae systems. AlgaeLink N.V. is a subsidiary of BioKing B.V., a manufacturer of biodiesel production equipment based in the Netherlands. The company began selling its AlgaeLink photobioreactor system in the third quarter of 2007....
Read more from here
Nature gave us oil from algae; perhaps we should try Nature's way again
Auburn University Professor Touts Algae as Energy Source
You are at: Oilgae Blog. See the complete list of Oilgae Blog articles.
Auburn University professor touts algae as energy source
Dr. Ron Putt, the associate research professor of chemical engineering at Auburn University, thinks algae is a big deal. He explained his affinity for pond scum to those attending the Alabama Agricultural Energy Conference at The Hotel at Auburn University and Dixon Conference Center Thursday.
"If we had a million acres in (algae) ponds, we could produce 100 percent of the fuel for the state," he said.
No other state is looking at algae as a renewable energy source except Alabama, so if researchers can pull it off, Putt said, Alabama will be the first to do it.
Full report here
Nature gave us oil from algae; perhaps we should try Nature's way again
Auburn University professor touts algae as energy source
Dr. Ron Putt, the associate research professor of chemical engineering at Auburn University, thinks algae is a big deal. He explained his affinity for pond scum to those attending the Alabama Agricultural Energy Conference at The Hotel at Auburn University and Dixon Conference Center Thursday.
"If we had a million acres in (algae) ponds, we could produce 100 percent of the fuel for the state," he said.
No other state is looking at algae as a renewable energy source except Alabama, so if researchers can pull it off, Putt said, Alabama will be the first to do it.
Full report here
Nature gave us oil from algae; perhaps we should try Nature's way again
Use algae for biofuel @ Monona Bay - A Letter to Editor
You are at: Oilgae Blog. See the complete list of Oilgae Blog articles.
Use algae for biofuel @ Monona Bay
One Frank Furillo from Stoughton thas this to say in his letter to the editor of Capital Times, Madison
"
A letter to the editor — 11/10/2007 9:05 am
Dear Editor: The "blue green" algae in our lakes and Monona Bay is especially high in oils used for biofuel. Higher, in fact, than rapeseed oil, and other high-quality biomass products. So, DUH!
Not only that, but in the winter we could use the emissions from the MGE plant as nutrients, and grow algae at the plant. Grow biofuel, scrub dangerous emissions. The classic no-brainer.
We put a plant on Monona Bay, and eliminate the transport cost, while providing a clean water ski area not seen since the early '80s. We could then save our corn for the cows.
Frank Furillo, Stoughton"
Nature gave us oil from algae; perhaps we should try Nature's way again
Use algae for biofuel @ Monona Bay
One Frank Furillo from Stoughton thas this to say in his letter to the editor of Capital Times, Madison
"
A letter to the editor — 11/10/2007 9:05 am
Dear Editor: The "blue green" algae in our lakes and Monona Bay is especially high in oils used for biofuel. Higher, in fact, than rapeseed oil, and other high-quality biomass products. So, DUH!
Not only that, but in the winter we could use the emissions from the MGE plant as nutrients, and grow algae at the plant. Grow biofuel, scrub dangerous emissions. The classic no-brainer.
We put a plant on Monona Bay, and eliminate the transport cost, while providing a clean water ski area not seen since the early '80s. We could then save our corn for the cows.
Frank Furillo, Stoughton"
Nature gave us oil from algae; perhaps we should try Nature's way again
Some Biofuels Add Significant Food to Your Table - GSPI
You are at: Oilgae Blog. See the complete list of Oilgae Blog articles.
Some Biofuels Add Significant Food to Your Table - GSPI
Press release
SAN DIEGO--Green Star Products, Inc. (OTC:GSPI) responds to the recent comments by Jean Ziegler, the United Nations Special Reporter of the Right to Food, wherein he said that using food crops for biofuels amounts to a “crime against humanity.”
Mr. Ziegler’s remarks carefully describe conventional ethanol’s impact in using “food for fuel.” Whereas Biodiesel, which is also a biofuel, is produced in the U.S. from soybeans and provides an enormous amount of high protein human food along with each gallon of biodiesel it produces.
Some of the actual unpublished facts are as follows:
For each bushel (60 pounds) of soybeans produced only 10 pounds of extracted oil is used in making biodiesel. The other 50 pounds (the soy meal) is used to feed the hungry of the world as one of the best high protein foods available.
Therefore, any increase in demand for soy oil to produce U.S. fuel actually creates an additional significant amount of food for our tables.
Some uninformed world leaders are now even considering a 5-year moratorium on the production of biofuels worldwide because of inadequate information concerning biofuels.
Mr. Joseph LaStella, President of Green Star Products, has been publishing editorials concerning Global Warming and Peak Oil for many years. Unfortunately many of Mr. LaStella's predictions have now come true (see GreenStarUSA.com).
Let's review the real situation and solution concerning biofuels.
The U.S. Congress passed a provision in the 2005 energy bill called the renewable fuels standard which required oil companies to blend 7.5 billion gallons of renewable fuels into the nation's fuel supply by 2012. To the surprise of many people including our congress this goal will be achieved in 2008, four years ahead of schedule.
Ethanol, also a biofuel, uses corn as its feedstock and uses the entire bushel of corn for its production. Ethanol production (unlike biodiesel) removes vast amounts of food from the global markets.
The recent massive private investment to build ethanol plants was fueled by the mandated ethanol requirements and the high-anticipated profits projected by these mandated ethanol requirements. In 2006, spot prices for ethanol exceeded $5 per gallon on the west coast. The American industrial might and greed rose to the occasion and built ethanol plants to reach a federal production goal four years early.
This is good and bad at the same time; the U.S. certainly proved that we could rise to the occasion given the right incentive (profits).
However, the ethanol feedstock supply, mainly corn, was not ready for this abrupt change. Corn prices doubled sending protests around the world. Price of basic food goods in Mexico, India, and other countries increased dramatically and sparked formal protests to the U.S.
This is only part of the story; with corn prices almost doubling the American farmers also saw a great opportunity to cash in on profits and a domino effect began to take place. Many farmers strayed from the time proven crop rotation method and began growing corn on the same land year after year. A new slang phrase "corn on corn on corn" summarizes this practice. This also destroys, or at least depletes, the topsoil with the temptation of short-term big profits winning out in many cases.
The next domino to fall was that soybean farmers decided to also switch to corn to cash in on profits thus reducing soybean production. This switch also reduces the human edible food from our tables, a real double whammy to the hungry.
Add some bad global agricultural weather to the equation and you have increased world hunger.
Further complications include some real corn storage problems this year since corn is harvested once per year, however ethanol plants run all year long. Ethanol plants usually only have storage for a 10-day supply. Therefore, adequate storage silos were not available to store some of the corn crop and it began to rot rendering it unsuitable for either ethanol production or human consumption. Silo construction has a 3-year backlog. A real good business to be in this year was the silo construction business, which is booming.
The domino effect continued and the effect of recent record high prices for soy bean oil resulted in many biodiesel plants across the U.S. shutting down with bankruptcy as a possibility. This will mean less alternative fuel to run our transportation industry and less high protein food for our tables. Remember the transportation industry runs mainly on diesel with biodiesel as a blend and not on ethanol!
It is now evident that corn feedstock is not a real long-term solution to our fuel shortage. However, it will be a partial answer as the same holds true for soy oil based biodiesel. Neither of these products alone can possibly wean the U.S. off foreign oil for energy independence. There is just not enough prime agricultural land available.
Let’s talk about Brazil ethanol. Brazil has been using ethanol since the 1970s and utilizes sugarcane as its feedstock. Sugarcane feedstock to make ethanol is more efficient than the U.S. corn ethanol.
People didn’t realize that the present U.S. ethanol production capacity already exceeds the entire Brazil production capacity. If Brazil expanded its present capacity by its planned 80% increase in five years, to the 9.5 billion gallons level, that would still only represent less than 3% of the U.S. daily oil requirements even if Brazil gave the U.S. all of its ethanol, which of course is not going to happen.
U.S. ethanol giants, ADM, Cargill and Bunge, are hungry for a foothold into the Brazil ethanol market except Brazilian families have so far rejected offers.
ADM’s chief strategist, Steve Mills, said his company needs to capture know-how for growing and processing sugarcane. “The one thing we do know here is that we’re going to have to acquire some expertise in the area,” said Mr. Mills.
Brazil ethanol is certainly not a long-term solution to U.S. energy independence; it can only be a small patch on an ever growing hole in the U.S. fuel crisis.
Other supplies of feedstock such as canola oil from Canada and increased U.S. production of canola oil can certainly fill another domestic production gap in the fuel chain. Canola seed produces 140 gallons of oil per acre per year versus 50 gallons for soybeans. Canola oil is an excellent feedstock for biodiesel production.
Contrary to the belief of many biofuel industries experts, palm oil from Asia is not an acceptable alternative feedstock for biodiesel.
Palm oil from Asia is not making the U.S. more energy independent. Furthermore there is a growing world protest against biodiesel production from palm oil because there is massive destruction of rain forests to clear the way for palm oil plantations.
People are already talking about banning the use of palm oil for biofuel to save the rain forests.
Palm oil production adds to Global Warming first by burning the rain forest and further adds to Global Warming by eliminating the rain forest to absorb CO2 from the atmosphere, which is the major Global Warming gas. This is not an acceptable alternative fuel solution.
The palm oil situation is becoming a global issue. Indonesia’s government is now asking global investors to pay their country not to cut and burn its pristine rain forest in order to make room for palm oil plantations.
The big question is: Is there an answer to Global Warming and the Energy Crisis? Absolutely yes!
However, the U.S. is about 10 years late in exercising such a program.
What does all this mean? In the mid 1970s the U.S. launched two programs, which could have helped avert today's fuel and Global Warming crises.
Both of these programs (which lasted over 15 years) provided the essential stepping stones to a successful solution. They were the USDA Aquatic Species Program, which studied algae as a fuel source, and the cellulosic ethanol programs, which utilized waste agricultural products (i.e. rice stalks, corn stalks, wood chips, municipal waste, etc.) to produce ethanol. Both of these programs were cancelled under President Clinton’s administration because certain industry experts did not see foreign oil imports as a matter of national security and that oil prices would not increase beyond $20 per barrel in the foreseeable future.
Mr. LaStella has been preaching these facts for years and is documented in many publications (see Green Star Products website GreenStarUSA.com) on Global Warming, Peak Oil, Algae (see press releases dated July 19, July 9, May 18 and May 11, 2007), the two-minute Continental Airlines type documentary, three radio interviews to mention a few -- all on GSPI's website GreenStarUSA.com.
Algae is the ultimate answer for biodiesel fuel, just consider the following:
1. Algae produce 100 times more oil per acre than traditional food oilseed crops such as soy etc. (Note: Algae produces 4000 gallons of oil per acre per year versus 50 gallons per acre for soy.)
2. Algae eat CO2, the major Global Warming Gas, and produce oxygen.
3. Algae require only sunshine and non-drinkable (salt or brackish) water.
4. Algae do not compete with food crops for either agricultural land or fresh water.
5. Algae can reproduce themselves and their oil every 6 hours, while it takes Mother Nature millions of years to produce crude oil in the ground.
GSPI has organized a Consortium of companies with far reaching research and experience in all of these advanced technologies including cellulosic ethanol, algae, biogas, etc.
The future refineries will be biorefineries, which will utilize only non-food waste products such as agricultural waste, municipal waste, manure and algae as feedstock and will produce ethanol, biodiesel, animal food, fertilizer, electricity, heat and a variety of specialized chemical products essential for the U.S. industry.
While efforts in the U.S. are just beginning to research cellulosic ethanol, two of GSPI consortium partners are engaged with an India chemical company to start construction of the first commercial cellulosic ethanol plant in India based on years of privately funded research here in the U.S.
The India plant will utilize a patented (non-enzyme) production process.
GSPI Consortium partners have a common goal to combine their technologies to build the first complete Biorefinery using only waste products as feedstock.
Each of the Consortium technologies can be used independently to produce specific energy, fuel, fertilizer, agricultural food and assorted chemicals. However, when combined into one facility the advantages become impressive.
Each of the Consortium members has agreed to license each other for specific projects. However, the Ultimate Biorefinery is still the goal!
Green Star Products will participate in the biodiesel production and algae processing facility portion of these biorefineries.
Each of the Consortium companies is now actively engaged in building individual facilities. However, there is significant global interest in building the first Biorefinery.
Potential financial partners are now negotiating the financing for the Biorefinery concept.
All members of the Consortium agree that the first Biorefinery should be built in the U.S.
Green Star Products, Inc. (OTC:GSPI) (OTC:GSPI.PK) is an environmentally friendly company dedicated to creating innovative cost-effective products to improve the quality of life and clean up the environment. Green Star Products and its Consortium are involved in the production of renewable clean-burning biodiesel and other products, including lubricants, additives and devices that reduce emissions and improve fuel economy in vehicles, machinery and power plants. For more information, see Green Star Products' Web site at http://www.GreenStarUSA.com, or call Investor Relations at 619-864-4010, or fax 619-789-4743, or email info@GreenStarUSA.com. Information about trading prices and volume can be obtained at several Internet sites, including http://www.pinksheets.com, http://www.bloomberg.com and http://www.bigcharts.com under the ticker symbol "GSPI".
Forward-looking statements in the release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of the company's products, increased levels of competition for the company, new products and technological changes, the company's dependence on third-party suppliers, and other risks detailed from time to time in the company's periodic filings with the Securities and Exchange Commission.
Contacts
Green Star Products, Inc.
Joseph LaStella, President
619-864-4010
619-789-4743 fax
info@GreenStarUSA.com
Nature gave us oil from algae; perhaps we should try Nature's way again
Some Biofuels Add Significant Food to Your Table - GSPI
Press release
SAN DIEGO--Green Star Products, Inc. (OTC:GSPI) responds to the recent comments by Jean Ziegler, the United Nations Special Reporter of the Right to Food, wherein he said that using food crops for biofuels amounts to a “crime against humanity.”
Mr. Ziegler’s remarks carefully describe conventional ethanol’s impact in using “food for fuel.” Whereas Biodiesel, which is also a biofuel, is produced in the U.S. from soybeans and provides an enormous amount of high protein human food along with each gallon of biodiesel it produces.
Some of the actual unpublished facts are as follows:
For each bushel (60 pounds) of soybeans produced only 10 pounds of extracted oil is used in making biodiesel. The other 50 pounds (the soy meal) is used to feed the hungry of the world as one of the best high protein foods available.
Therefore, any increase in demand for soy oil to produce U.S. fuel actually creates an additional significant amount of food for our tables.
Some uninformed world leaders are now even considering a 5-year moratorium on the production of biofuels worldwide because of inadequate information concerning biofuels.
Mr. Joseph LaStella, President of Green Star Products, has been publishing editorials concerning Global Warming and Peak Oil for many years. Unfortunately many of Mr. LaStella's predictions have now come true (see GreenStarUSA.com).
Let's review the real situation and solution concerning biofuels.
The U.S. Congress passed a provision in the 2005 energy bill called the renewable fuels standard which required oil companies to blend 7.5 billion gallons of renewable fuels into the nation's fuel supply by 2012. To the surprise of many people including our congress this goal will be achieved in 2008, four years ahead of schedule.
Ethanol, also a biofuel, uses corn as its feedstock and uses the entire bushel of corn for its production. Ethanol production (unlike biodiesel) removes vast amounts of food from the global markets.
The recent massive private investment to build ethanol plants was fueled by the mandated ethanol requirements and the high-anticipated profits projected by these mandated ethanol requirements. In 2006, spot prices for ethanol exceeded $5 per gallon on the west coast. The American industrial might and greed rose to the occasion and built ethanol plants to reach a federal production goal four years early.
This is good and bad at the same time; the U.S. certainly proved that we could rise to the occasion given the right incentive (profits).
However, the ethanol feedstock supply, mainly corn, was not ready for this abrupt change. Corn prices doubled sending protests around the world. Price of basic food goods in Mexico, India, and other countries increased dramatically and sparked formal protests to the U.S.
This is only part of the story; with corn prices almost doubling the American farmers also saw a great opportunity to cash in on profits and a domino effect began to take place. Many farmers strayed from the time proven crop rotation method and began growing corn on the same land year after year. A new slang phrase "corn on corn on corn" summarizes this practice. This also destroys, or at least depletes, the topsoil with the temptation of short-term big profits winning out in many cases.
The next domino to fall was that soybean farmers decided to also switch to corn to cash in on profits thus reducing soybean production. This switch also reduces the human edible food from our tables, a real double whammy to the hungry.
Add some bad global agricultural weather to the equation and you have increased world hunger.
Further complications include some real corn storage problems this year since corn is harvested once per year, however ethanol plants run all year long. Ethanol plants usually only have storage for a 10-day supply. Therefore, adequate storage silos were not available to store some of the corn crop and it began to rot rendering it unsuitable for either ethanol production or human consumption. Silo construction has a 3-year backlog. A real good business to be in this year was the silo construction business, which is booming.
The domino effect continued and the effect of recent record high prices for soy bean oil resulted in many biodiesel plants across the U.S. shutting down with bankruptcy as a possibility. This will mean less alternative fuel to run our transportation industry and less high protein food for our tables. Remember the transportation industry runs mainly on diesel with biodiesel as a blend and not on ethanol!
It is now evident that corn feedstock is not a real long-term solution to our fuel shortage. However, it will be a partial answer as the same holds true for soy oil based biodiesel. Neither of these products alone can possibly wean the U.S. off foreign oil for energy independence. There is just not enough prime agricultural land available.
Let’s talk about Brazil ethanol. Brazil has been using ethanol since the 1970s and utilizes sugarcane as its feedstock. Sugarcane feedstock to make ethanol is more efficient than the U.S. corn ethanol.
People didn’t realize that the present U.S. ethanol production capacity already exceeds the entire Brazil production capacity. If Brazil expanded its present capacity by its planned 80% increase in five years, to the 9.5 billion gallons level, that would still only represent less than 3% of the U.S. daily oil requirements even if Brazil gave the U.S. all of its ethanol, which of course is not going to happen.
U.S. ethanol giants, ADM, Cargill and Bunge, are hungry for a foothold into the Brazil ethanol market except Brazilian families have so far rejected offers.
ADM’s chief strategist, Steve Mills, said his company needs to capture know-how for growing and processing sugarcane. “The one thing we do know here is that we’re going to have to acquire some expertise in the area,” said Mr. Mills.
Brazil ethanol is certainly not a long-term solution to U.S. energy independence; it can only be a small patch on an ever growing hole in the U.S. fuel crisis.
Other supplies of feedstock such as canola oil from Canada and increased U.S. production of canola oil can certainly fill another domestic production gap in the fuel chain. Canola seed produces 140 gallons of oil per acre per year versus 50 gallons for soybeans. Canola oil is an excellent feedstock for biodiesel production.
Contrary to the belief of many biofuel industries experts, palm oil from Asia is not an acceptable alternative feedstock for biodiesel.
Palm oil from Asia is not making the U.S. more energy independent. Furthermore there is a growing world protest against biodiesel production from palm oil because there is massive destruction of rain forests to clear the way for palm oil plantations.
People are already talking about banning the use of palm oil for biofuel to save the rain forests.
Palm oil production adds to Global Warming first by burning the rain forest and further adds to Global Warming by eliminating the rain forest to absorb CO2 from the atmosphere, which is the major Global Warming gas. This is not an acceptable alternative fuel solution.
The palm oil situation is becoming a global issue. Indonesia’s government is now asking global investors to pay their country not to cut and burn its pristine rain forest in order to make room for palm oil plantations.
The big question is: Is there an answer to Global Warming and the Energy Crisis? Absolutely yes!
However, the U.S. is about 10 years late in exercising such a program.
What does all this mean? In the mid 1970s the U.S. launched two programs, which could have helped avert today's fuel and Global Warming crises.
Both of these programs (which lasted over 15 years) provided the essential stepping stones to a successful solution. They were the USDA Aquatic Species Program, which studied algae as a fuel source, and the cellulosic ethanol programs, which utilized waste agricultural products (i.e. rice stalks, corn stalks, wood chips, municipal waste, etc.) to produce ethanol. Both of these programs were cancelled under President Clinton’s administration because certain industry experts did not see foreign oil imports as a matter of national security and that oil prices would not increase beyond $20 per barrel in the foreseeable future.
Mr. LaStella has been preaching these facts for years and is documented in many publications (see Green Star Products website GreenStarUSA.com) on Global Warming, Peak Oil, Algae (see press releases dated July 19, July 9, May 18 and May 11, 2007), the two-minute Continental Airlines type documentary, three radio interviews to mention a few -- all on GSPI's website GreenStarUSA.com.
Algae is the ultimate answer for biodiesel fuel, just consider the following:
1. Algae produce 100 times more oil per acre than traditional food oilseed crops such as soy etc. (Note: Algae produces 4000 gallons of oil per acre per year versus 50 gallons per acre for soy.)
2. Algae eat CO2, the major Global Warming Gas, and produce oxygen.
3. Algae require only sunshine and non-drinkable (salt or brackish) water.
4. Algae do not compete with food crops for either agricultural land or fresh water.
5. Algae can reproduce themselves and their oil every 6 hours, while it takes Mother Nature millions of years to produce crude oil in the ground.
GSPI has organized a Consortium of companies with far reaching research and experience in all of these advanced technologies including cellulosic ethanol, algae, biogas, etc.
The future refineries will be biorefineries, which will utilize only non-food waste products such as agricultural waste, municipal waste, manure and algae as feedstock and will produce ethanol, biodiesel, animal food, fertilizer, electricity, heat and a variety of specialized chemical products essential for the U.S. industry.
While efforts in the U.S. are just beginning to research cellulosic ethanol, two of GSPI consortium partners are engaged with an India chemical company to start construction of the first commercial cellulosic ethanol plant in India based on years of privately funded research here in the U.S.
The India plant will utilize a patented (non-enzyme) production process.
GSPI Consortium partners have a common goal to combine their technologies to build the first complete Biorefinery using only waste products as feedstock.
Each of the Consortium technologies can be used independently to produce specific energy, fuel, fertilizer, agricultural food and assorted chemicals. However, when combined into one facility the advantages become impressive.
Each of the Consortium members has agreed to license each other for specific projects. However, the Ultimate Biorefinery is still the goal!
Green Star Products will participate in the biodiesel production and algae processing facility portion of these biorefineries.
Each of the Consortium companies is now actively engaged in building individual facilities. However, there is significant global interest in building the first Biorefinery.
Potential financial partners are now negotiating the financing for the Biorefinery concept.
All members of the Consortium agree that the first Biorefinery should be built in the U.S.
Green Star Products, Inc. (OTC:GSPI) (OTC:GSPI.PK) is an environmentally friendly company dedicated to creating innovative cost-effective products to improve the quality of life and clean up the environment. Green Star Products and its Consortium are involved in the production of renewable clean-burning biodiesel and other products, including lubricants, additives and devices that reduce emissions and improve fuel economy in vehicles, machinery and power plants. For more information, see Green Star Products' Web site at http://www.GreenStarUSA.com, or call Investor Relations at 619-864-4010, or fax 619-789-4743, or email info@GreenStarUSA.com. Information about trading prices and volume can be obtained at several Internet sites, including http://www.pinksheets.com, http://www.bloomberg.com and http://www.bigcharts.com under the ticker symbol "GSPI".
Forward-looking statements in the release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of the company's products, increased levels of competition for the company, new products and technological changes, the company's dependence on third-party suppliers, and other risks detailed from time to time in the company's periodic filings with the Securities and Exchange Commission.
Contacts
Green Star Products, Inc.
Joseph LaStella, President
619-864-4010
619-789-4743 fax
info@GreenStarUSA.com
Nature gave us oil from algae; perhaps we should try Nature's way again
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