Comments on: Could Exxon Go Green? Oil Giant Invests in Algae Biofuel Research

By: Real Music From a true artist

Real Music From a true artist — Sat, 13 Aug 2011 03:03:09 +0000

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By: Sammi

Sammi — Thu, 11 Feb 2010 18:24:15 +0000

Big Oil claims that as soon as the little guys come up with the algae solution, they will just buy everyone out. What Big Oil doesn’t realize is that counties and states are already working on becoming self-sustainable (and they’re doing it quietly and below the radar, and that they don’t want to be held hostage to Big Oil and its shareholder returns any longer.

Investment in algae by Big Oil, so far, is a complete joke. Exxon got all sorts of kudos for announcing a $600 million over several years ‘deal’ (amount is below materiality threshold for disclosure purposes) with Synthetic Genomics (private – no disclosure), but was able to keep news about the $100 million going to Nigeria to drill a new well fairly quiet.

By: heyZeus

heyZeus — Tue, 01 Sep 2009 10:01:37 +0000

At least they are smart enough NOT to invest in nuclear. They obviouusly know its only economic if you are really after the weapons and pile hidden subsidies on everywhere so to pretend its for electricity. And don’t mention the thousands of years of ongoing costs handling the waste and plants that are too radioactive to enter after a few decades of operation.
Methane Clathrates? are you crazy? Do you want the planet to go Venus, and us only be able to survive in the open at the sth pole in winter?

Go Algae! 500x500miles for all US fuel requirements. Desert, ocean, whatever. Start with ya sewage ponds. Poo-Pond-Scum-Fuel would make a good dent in ya noxious vapours US. Been done for years in some countries.

By: Sridharaya

Sridharaya — Thu, 06 Aug 2009 23:30:48 +0000

cool read

By: zachary

zachary — Sun, 19 Jul 2009 20:54:25 +0000

I see this as entire vein of research as a very interesting and potentially revolutionary field. However, I don’t believe the big energy companies are getting into it as anything other than a red herring. This will not be powering our future, the moment you see exxon mobile invest heavily in say, nuclear energy, then you know a change is coming.

By: Prakash Mannadhar

Prakash Mannadhar — Sun, 19 Jul 2009 19:03:12 +0000

On the question of whether it is farming or manufacturing? Why bother, name it anything… Good luck to the researchers….

By: amphiox

amphiox — Sun, 19 Jul 2009 17:28:23 +0000

I see this as strategic investment by Exxon. Like any corporation their primary concern is the bottom line. They’re foreseeing the possibility that at some point in the future their fossil fuel gravy train is going to wreck, or at least run to risk of wrecking, so they invest a little in this alternative just in case. But the amount is small enough that even if it fails completely, which is also a possibility, they really haven’t lost anything.

By: K Miller

K Miller — Sat, 18 Jul 2009 20:28:35 +0000

This is such obvious greenwash. Exxon posted record profits in 2008, spending over $477 Billion dollars. While $600 Million is step in the right direction, there is a long way to go before we have a green method of energy production in the US.

By: amphiox

amphiox — Sat, 18 Jul 2009 20:27:46 +0000

Nick, so long as the type of oil manufactured by the algae is biodegradable, (and given that the algae make this oil as a food/energy store, the algae themselves already have the pathway that biodegrades their own oil), this shouldn’t be that big of a potential problem.

Also, I would draw your attention to algal blooms. 100% natural phenomenon, though some are indeed exacerbated by human pollution and other activities. Vast areas of the seas get coated with algal products, hundreds of times bigger than any oil spill, resulting in a terrible local environmental disaster. But it happens all over the world, naturally, every year, and the ecosystems recover, and indeed, even exploit the algae.

By: nick

nick — Sat, 18 Jul 2009 01:02:58 +0000

how about http://en.wikipedia.org/wiki/Methane_clathrate
its allready there dont have to drill or any thing or maybe http://en.wikipedia.org/wiki/Plasma_arc_waste_disposal
tons of trash allover is stead of paying people to take your trash it might be free or they might pay you for it ? being sort of optimistic.