ECO-FUEL FOR THE WORLD
Massachusetts-based Joule biotechnologies has come up with a new process for developing fuels for automobiles by using carbon di-oxide, sunlight, some micro organism & nothing else. It requires no agricultural land or fresh water.
The hybrid system was solar concentrating converter that is filled with brackish water, nutrients & highly “engineered synthetic organism” to produce a bio-based fuel. Similar attempts by other companies have been so expensive that crude has cost several hundred dollars a barrel for them to be competitive.
Joule believes it will be competitive with crude at $50 a barrel. The company officials claim they can meet the whole world liquid fuel needs, & the commercial process will be ready foe demonstration next year.
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