Wrecked944 |
08-27-2005 05:43 AM |
Quote:
Originally posted by LubeMaster77
JanusCole - If you are talking about finding a completely new means to create power i.e. electricity, save your bucks. Richer folks than you have thrown millions at it and it ain't gonna happen anytime soon.
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Always the capitalist, I actually started a thread on this forum recently asking about producing electricity using biodiesel. And after doing some research, I found it could be done profitably. The equipment is relatively cheap and the legal structures are already in place (in MA). The only catch I found was that my local electrical company pays for the power in "credits" and not in cash. Granted, one of my colleagues at work suggested that they'd eventually have to pay cash if I sued them. But I dont' want to have to sue my customer to get paid. That is just poor business practice. So I dropped it.
Quote:
If you are looking at new ways to create fuel, now your on to something. There is a plant that just went on-line in the midwest that takes waste from kill plants as well as plastics and other organic junk and convert it into oils and fuels. Last year it almost didn't brake even but with crude over $60/b, it is a very distinct method to generate fuel.
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I agree. I actually think we already have a fair number of technologies for producing electricity which just need more R&D (fusion, solar, wind, biomass, geothermal etc etc etc). One or more of them will eventually work out. So while potentially profitable, that path doesn't have the huge $$$ potential of producing a direct dino-fuel replacement. I was talking specifically about fuel. Dino-oil is our national achilles heal. And yes, I know about the folks producing oil from waste products. I was following a comany called Changing World Technologies which already has a few plants online..
http://www.changingworldtech.com/
I really wanted to invest in this company but they are still private and it appears the Buffets are funding them so they don't need my puny dollars.
Anyway, the point is that the potential profit is beyond belief. And if the Germans were able to make synthetic fuel 50 years ago, I simply can't believe it can't be done better today.
And are we not sitting in the middle of a well-educated, affluent, and motivated brain trust here. ;) If it isn't people like us who solve (and profit from) these problems, then who will?
SmileWavy
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