January 27, 2011
Sawing the Peak Clean Off
Posted by scott at January 27, 2011 08:43 AM
Making the rounds: a British company has announced the development of a synthetic fuel which can be used in existing automobiles that produces no greenhouse gasses when burned, and could be had for as little as $1.50 per gallon. This has "pipe dream" written on it in titanic green neon letters, but if it DOES turn out to be true, there's at least one hard-left greenie in the peanut gallery who's going to owe me a pizza while he helps me shred all his "peak oil ZOMG! DISASTER!" literature.
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Further research seems to indicate this company file for bankruptcy a year or so ago, so this may be a press release designed to hook more investors. It also appears that the scalability is in question. We also have the available energy/gallon question. If it's like the ethanol issue you actually get less usable power/gallon, so even if the cost is marginally lower the mileage suffers and you need to buy more. The last point is that they believe normal cars could run on this - but that's not been confirmed.