What if I told you that the United States could generate 100% of its petroleum needs, carbon free, utilizing current technology for a mere $20 Billion investment.
To put that into perspective Snapchat is currently valued at 40 Billion.
How? Simple. An algae farm the size of Rhode Island in the California Desert, near Edwards Air Force base.
Don't believe me? Lets do the math...
Even if my conservative napkin calculation was off by a factor of 4, it would be less than the annual revenue of Exxon, for complete sustainable energy independence.
Wasn't algae biofuel too expensive? If it is a great source of energy it would be cheaper then oil on the free market, if it isn't I don't want to pay more for energy.
Cameron Powell
Post sources, numbers and calculations OP, otherwise 98% of posters know nothing about algae making fuel and this cannot contribute
Jason Reed
NAPKIN or GTFO!
Ian Thompson
The idea of utilizing algae as a renewable energy source is nothing new. Petroleum was mostly algae to begin with, capturing energy from the sun and being converted into hydrocarbon soup over hundreds of millions of years.
We can simply skip the waiting period by growing algae on a massive scale, with nothing more than seawater, sunlight, some dykes and a lot of room
Adrian Rodriguez
one sec... typing it out sheesh
Jeremiah Ramirez
I heard about this in 2011, Obama threw some money in the idea. Now oil is at hafe the price it was before, no way ot could be profitable.
Levi Phillips
please tell me more user.
William Williams
I probably shouldve typed this out first, so no sources
Liam Collins
I looked into algae as an investor (didn't end up doing it though) 3 or 4 years ago and companies were hoping to produce oil at around $150 a barrel, with the most hyped people claiming they might be able to lower that to $120 a decade from now. It's still interesting tech because with a breakthrough or two could probably lower the cost to around $100 a barrel which would effectively put a cap on oil prices
Bentley Gomez
You meant nuclear, right?
We waste enough time and money on biofuels as it is. Fission will carry us as far as we need until the fucking dyson sphere is a viable form of energy production.
Christopher Wood
Libs would just demand humane treatment of algae
Grayson Jackson
GIMME ENERGY
William Perez
This would never work. How could we stop whales from eating our precious algae?
Xavier Lee
Or we could start using Thorium reactors
Camden Smith
This is factually wrong until you can implement it into a not dead meme
James Campbell
Solar is getting really competitive just like batteries, give it 5-10 years and the whole energy market will be different. Algae is simply too difficult to grow and extract, biofuels are a waste of money.
