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Medicago Inc MDCGF



GREY:MDCGF - Post by User

Comment by KingKyleon Oct 08, 2009 12:14pm
262 Views
Post# 16373720

RE: RE: BioFuels and Enzymes

RE: RE: BioFuels and Enzymes

ExxonMobil is looking at the algae based technology for bio fuels use. So there is convergence of new technology (ies) given corn - biofuels model was not sustainable model.  Imagine if EM being involved on next generation fuels which is plant based, there could be strong merits on MDG technology that US Army has seen worth the potential. MDG potentially cannot be downplayed from here.


Here is an excerpt from ExxonMobil website.

Biofuels produced by algae could be a meaningful part of the energy solution in the future if our efforts result in an economically viable, low-net carbon-emission transportation fuel.   That's why ExxonMobil is committed to a major long-term research and development program aimed at producing next generation biofuels from photosynthetic algae.

Together with Synthetic Genomics, Inc., we have entered into a research and development  alliance to produce advanced biofuels from photosynthetic algae that are compatible with today’s gasoline and diesel fuels. While significant work and years of research and development must still be completed, if successful, algae-based fuels could help meet the world’s growing demand for transportation fuel, while reducing greenhouse gas emissions.

Among other advantages, photosynthetic algae, which use readily available sunlight and carbon dioxide to grow, could provide greenhouse gas mitigation benefits.  What’s more, growing algae does not rely on fresh water and arable land otherwise used for food production.  Finally, algae have the potential to produce large volumes of oils that can be processed in existing refineries to manufacture fuels that are compatible with current transportation technology and infrastructure.

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