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The Ocean Energy Institute, founded in 2007 by Matthew R. Simmons, is a think-tank and venture capital fund addressing the challenges of U.S. offshore renewable energy. OEI approaches energy R&D and investment from a systems point of view; not just generation, but usage, storage and transmission all together as an interdependent set of opportunities and the next driving force of the international economy.
O'Keefe assumed the responsibilities as EADS North America's Chief Executive Officer on November 1, 2009. EADS is the world's second largest aerospace and defense company and is in a pitched battle with Boeing to win a potentially $50 billion contract to supply refueling aircraft to the U.S. Air Force.
We’ve seen algae-powered cars and biofuel-powered planes, but European aerospace company EADS is the first to combine the two with an algae fuel-powered aircraft. The company’s twin-engine Diamond DA 42, set to be unveiled next week at the Berlin Air Show, runs partially on biofuel made from 100% algae.
NASA boss investigated for possible conflict of interest on biofuel project Charlie Bolden asked Marathon Oil for its opinion on Project OMEGA — but he has financial interest in Marathon, which has a competing project
June 20, 2010|By Robert Block and Mark K. Matthews, Orlando Sentinel While millions of barrels of spilled oil choke the Gulf of Mexico, NASA is working on an ocean-based biofuels venture that could revolutionize clean-energy production at sea and treat wastewater at the same time.
"You get a U.S. facility and then you have political allies," said Teal Group aerospace analyst Richard Aboulafia. "It gives you an industrial and jobs footprint in the U.S., and that's very concerning for Boeing."
Originally posted by jcrash
So yes, I think the Gulf is being prepared to be algae farmed. All the news was hyped about dead zones to create the political cover for the govt to take over the Gulf and oceans. BP out of control oil spill (remember that if we are at Peak oil, why would BP just piss all that precious oil away? - most likely a minor leak was intentionally released as part of the fear campaign),