Organism Makes Diesel Fuel With Sun, Water, CO2
Posted on: Tuesday, 1 March 2011, 06:30 CST
Biotechnology company Joule Unlimited said on Monday that it can produce the fuel that runs some cars and jet engines using its genetically-engineered organism that secretes diesel fuel or ethanol wherever it finds sunlight, water and carbon dioxide.
The Cambridge, Mass.-based company said it can control the organism to produce the renewable fuels on demand and at unprecedented rates, and can do so at costs comparable to the lowest-cost fossil fuels.
The breakthrough could mean "energy independence," the company said.
"We make some lofty claims, all of which we believe, all which we've validated, all of which we've shown to investors," Joule CEO Bill Sims told the Associated Press (AP).
"If we're half right, this revolutionizes the world's largest industry, which is the oil and gas industry," he said.
"And if we're right, there's no reason why this technology can't change the world."
However, the task is not yet complete, and not everyone is convinced the company can deliver on their claims.
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