posted on Jan, 27 2011 @ 10:27 PM
Nobody should get to excited about this announcement.
First off they don't even know if it will work in existing engines for sure yet - which means it hasn't been tested. Second it sounds like an
exotic process using some form of nanotechnology - which most likely means they can't make any significant amount, and even if they figure out the
process the amount of time and money needed to scale up to production on a meaningful scale will be massive.
I know a little about biofuels, and there are many companies that are doing some very promising things, my favorite being
which already makes diesel and, aircraft jet fuel from algae oil that can be grown through fermentation
from waste crops like corn husks, switchgrass etc. They have gotten their fuels certified as drop in replacements and have contracts with the navy
for ship and jet fuel. The problem is they have to scale the process up, and get the costs down. That is the big problem for any replacement fuel,
creating a little bit has been done by dozens of different companies.
This announcement sounds to me like a ploy to try and get the company venture capital funding to continue on with their process. Even if everything
they say is true, it takes years to get to mass production on such a product and there are a lot of competitors who are much further along.