After $100 Million, Exxon Backs Off Algae as Fuel

[poopfuel]

41. good post

Check out this company for the future of ethanol. blumedistillation.com
Didn't I say I hated monoculture? That accounts for the failure. A guy I know planted corn last summer and an acre of sorghum. Everyone around him wanted to know how come his one crop was doing so well in the heat. Sorghum makes more ethanol that corn per acre. As I told the other fellow, check out Alcohol Can be a Gas! for how well it can work. As Barry Commoner said, It is always possible to do a good thing stupidly.
We have the potential and the know how, there are just too many forces working to deny success. And I am not talking about weather either.
We might as well do it right. See link here.

http://www.oecd.org/site/oecd-faoagriculturaloutlook/highlights-2013-EN.pdf
OECD-FAO Agricultural Outlook 2013-2022 - Summary

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Ethanol production is expected to increase 67% over the next ten years with biodiesel increasing even faster but from a smaller base. By 2022, biofuel production is projected to consume a significant amount of the total world production of sugar cane (28%), vegetable oils (15%) and coarse grains (12%).

And remember, we can make it ourselves. We don't need to rely on fossil fuels either if we are clever enough.