http://www.marketwatch.com/story/carbon-sciences-discloses-plan-for-success-2011-07-11?reflink=MW_news_stmp
#1 thing I love from this PR is
"Working with major strategic partners who will undertake manufacturing and marketing. These partners will bear the majority of the costs associated with optimization, process design and final commercialization."
Reading Popular Science, which has an article on the end of easy oil: A few Notes
- CABN believes themselves cost competitive w/ oil at 80/barrel (not in article, just FYI)
- We have about 3 trillion barrels worth of shale in the US - w/ costs around $90/ barrel to produce
- large environemental impact
- Talks about turning coal into liquid fuels, but states process is too energy intensive and expensive - this is where CABN has made a breakthrough - their catalyst is very robust and lowers the energy required for conversion
- U.S has vast reserves of heavy oil, shale and coal..... but the environmental impacts of reaching this kind of car juice are high
- Non-easy oil (like shale) requires a lot of fresh water to extract (steam), a commodity which is becoming more and more precious
- I would like to ask Byron what the EROEI on his process is - the ratio of energy in to out - easy oil can yield 20:1.... shale and deep oil can yield as low as 3:1
- Article states natural gas as a more suitable replacement for the energy sector (over coal) as opposed to using it in transportation
- One pound of radioactive thorium has as much energy as 3.5 million lbs of coal
- Reading about a Fusion reactor prototype.... way too wordy to offer notes, but pic up a copy of the magazine and check it out..... soo cool
- CABN's solution def seems more immediatly relevent than beaming solar energy from space or a fusion reactor planned for 2060.....
