Monday, June 30, 2008

How Biotouch Started and Oil Price $ 600 prediction!

There were rumors today that a barrel of oil might jump to 600 dollars per barrel.

A few weeks ago a Gazprom executive predicted that the oil price might climb to $ 250 per barrel.

But $ 600 per barrel means the real beginning of a bio-based economy.

Biotouch is a conceptual approach with tools and ideas for better handling of the post-oil-period. But changes might happen very soon.

The current news are scaring. How well are we prepared? Read this blog about oil-price!

The YouTube video to the right is representing another extreme: the man is explaining, "there is no peak-oil" in his own words.

"One of the funniest videos in months," comments one YouTube commentator.

The other comment says, "He is right about the oil. First off we have a 100 biliion barrels of untapped reserves in the US that include off shore anwar and shale deposits in Colorado. You people can laugh at this guy but for an idiot he isn't a sheep like most people who laugh at this video are. Our Liberal congress refuses to drill or use these deposits if people would wake up and vote these politicians out we wouldn't be paying 4.00 gas. wake up people the Government is Screwing us."

Anyway, oil is becoming a real big issue. The price of the dollar is anohter. What happens in Iran in the coming months is a determining factor. Let's wait and see...

2 comments:

Juha V. Mentu said...

It is really interesting to follow the discussions about the oil reservoirs.

There are areas where crude oil can be found. But, after all, not endless!

An idea to adopt ourselves into a world with renewable resources of energy and raw materials is not very favoured by big oil companies as far as they can find new areas to pump (cheap)oil.

The formation of oil has been, in a way, an ancient biochemical process when the organic deposits were graved into the deeps of our globe. But now we have to find new solutions to produce energy sources biotechnically. It is only a question of time when it happens.

I will refer my professor of Environmental Care, Dr. Pekka Nuorteva. I listened his lessons at 70's and he already saw in those days that something shall/will be changed during next decades. The chances of bioscieneces were not so obvious in those years but now we see that we can use biotechnology in a way which significantly improves the possibilities of our children/grandchildren to live in a more healthy world.

Juha V. Mentu said...

A post by "The Paper Index Times":

Monday, July 14, 2008
Paper and Pulp Mills Poised to Produce Biofuels
No other industry is so well suited to produce fuels from waste wood cellulose than the paper/pulp industry. By converting pulp by-products from waste to precious fuel, pulp mills can do a big favour to themselves, the environment, and the energy consuming public.
The pulp and paper industry has the scale to produce more than 9 billion gallons per year of biofuels, or as much as 20,000 MW of biomass power - as much as 16 Quads of cumulative fossil energy savings – realize net CO2 emissions reductions of more than 100 million tons annually, in the process generating financial returns, relative to continued investment in existing technology, with internal rates of return between 15-40% depending of fuel prices and incentives, according to a presentation given by Navigant Consulting’s Ryan Katofsky at the “Florida Farm to Fuel Summit,” which took place in St. Petersburg July last year.

...Gasifying rather than incinerating black liquor in soda furnaces – as is common practice - results in the production of a number of by-products, including synthesis gas. The bio-syngas can then be turned into a range of liquid fuels, such as methanol, dimethyl ester (DME), Fischer-Tropsch synthetic diesel and hydrogen gas. _Source
Pulp mills could easily become energy self-sufficient by using the waste process heat of paper manufacture, and eventually supply energy to the outside in the form of electricity or fuels.

The more productive uses that can be found for solid waste, waste sludge, waste exhaust gases, waste heat, and waste water, the cleaner the environment will become--land, air, and water.
Labels: cellulosic fuels, garbage energy