Comment Alternatives vs. peak oil (Score 3, Interesting) 355
People don't like to talk about peak oil as something that could really rock the way we live, but it's got that potential. Modern economies are based on growth, which means that more and more energy must be consumed. Eventually, however, we're going to have to figure out a new way to satisfy that growing demand, because oil isn't going to cut it.
Most alternatives require drastic infrastructure changes—converting hundreds of millions of cars to hydrogen or batteries isn't going to be easy or cheap. Adding ethanol to the mix could help, but the EROEI (energy return on energy invested) isn't all that great, and it will force food prices up as well. This company seems to have something rather novel up its sleeve—it'll be interesting to see how effecient their process is. If it's good, it'll be much more than a $10 billion company before too long.
Most alternatives require drastic infrastructure changes—converting hundreds of millions of cars to hydrogen or batteries isn't going to be easy or cheap. Adding ethanol to the mix could help, but the EROEI (energy return on energy invested) isn't all that great, and it will force food prices up as well. This company seems to have something rather novel up its sleeve—it'll be interesting to see how effecient their process is. If it's good, it'll be much more than a $10 billion company before too long.
