Posts Tagged ‘Biofuel’
NEVADA CORPORATION MAKES A COMPELLING CASE
Global Biofuel Solutions Inc., a Nevada corporation, made a compelling case at the US-Chinese Business Summit held in Las Vegas for the alternate energy needs. It was very well attended and accepted by the businesses around the world who agreed on the need of Bio-Diesel produced from the Algae Oil, as the future of the Green Movement presenting an alternate the crude oil and petroleum based products.
January 3-5, 2010, Las Vegas featured an unprecedented gathering of over 1,000 minority business owners and entrepreneurs from the Chinese American communities across the U.S. and business delegations from China, under one summit. Along with forum discussions, cultural exchanges, and investment opportunities, there were plenty of networking as well.
The Summit had a number of high-level officials from China including China Investment Conference(CIC), National Development and Reform Commission, The Investment Association of China, Research Institute of Investment National Development and Reform Commission, China Commercial Network Construction Center, and the China General Chamber of Commerce (CGCC).
From the U.S, high profile keynote speakers and leaders invited to the Summit were from organizations such as the U.S. Census 2010, the U.S. Department of Commerce, U.S. Small Business Administration, the National Restaurant Association, and Asian American Business Development Center, among others.
It was truly an excitement that Mayor Oscar Goodman of Las Vegas took time to meet with CBS committee members. The Mayor welcomed this US-China business summit to be held in Las Vegas; and applauded the Summit organizer, Smart Business Services, Inc., in leading efforts in fostering a platform between the U.S. and China business communities. Las Vegas Convention & Visitors Authority (LVCVA) was also one of the official sponsors of the Summit.
ALTERNATE ENERGY: Now Algae-powered hybrid
The car, aptly dubbed the “Algaeus” — built into the shell of a Toyota Prius — will take off today on a 10-day nationwide tour, stopping first in Sacramento, where governor Arnold Schwarzenegger is planned to pour a vial of algae into its gas tank. Sapphire’s algal biofuel, called “green crude,” is significant because it’s a drop-in fuel, meaning it works with current automotive technology, no newfangled advancements necessary.
The technology is relatively simple. Sapphire grows the algae in salt-water ponds at its facility in New
Mexico. It adds a combination of carbon dioxide — trapped and sequestered from industrial sources, thereby limiting their emissions as well — and sunlight. And through a proprietary microbial process, it produces hydrocarbons capable of replacing gas. Unlike ethanol, the fuel is not alcohol based, and it’s not just an additive, emphasizes Sapphire CEO Jason Pyle.
The Algaeus, which supposedly gets 150 miles per gallon, was unveiled today to showcase Sapphire’s technology — though technically, the company has nothing to do with the building of cars, and certainly not the plug-in hybrid aspect of the model. The event also celebrated the debut of the film FUEL, a documentary about America’s addiction to oil and the damage it causes. It took director Josh Tickell, who also founded anti-fossil fuel nonprofit the Veggie Van Organization, 11 years to make the film, which will premiere on Sept. 18 in New York when the Algaeus finishes its trek.
The car is part of a caravan that includes several other green vehicles, including an all-electric motorcycle and a classroom-fashioned bus powered by rooftop solar panels. The latter contains models and materials showing how Sapphire’s technology works and why it’s important that viable replacements are found for fossil fuels. The plan is to have the caravan tour college campuses following its cross-country drive.
Sapphire has already proved its technology in several key arenas. Late last year, it signed deals with companies like Continental Airlines and Boeing to successfully test out algae-based jet fuel. And the San Diego-based startup says it will be building a larger demonstration plant (capable of producing 2 million gallons of diesel and 1 million gallons of jet fuel a year), also in New Mexico, in the coming months to refine its process even more. There’s no doubt that algae is capable of powering vehicles.
These same characteristics also make algae important to surrounding communities where green jobs could go a long way. For example, Sapphire’s current facility in New Mexico — a state that could use agricultural revenue — employs 140. And its new demo plant will employ even more.
The only hurdle standing in algal biofuel’s way is government policy, Pyle says. In order for any alternative fuel of its kind to be widely adopted, renewable fuel mandates and emissions restrictions will need to be implemented and strongly enforced. The Obama administration is headed in the right direction, with its recommended changes for the country’s energy mix, but no major shift can happen until legislation like Waxman-Markey becomes a reality.