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The fact that the company claims "if LS9 used Brazilian sugar cane as its feedstock, its fuel would probably cost about $50 a barrel. " it appears they are re
by snewe 18y ago
The fact that the company claims
"if LS9 used Brazilian sugar cane as its feedstock, its fuel would probably cost about $50 a barrel. "
it appears they are relying on long-term extremely high gas prices. Isn't sugar cane the most energy rich of the ethanol inputs? If so, then using agricultural waste (as they say they plan on doing), will likely cost a lot more than $50/barrel.
- IsaacSchlueter 18y agoEven if it currently would cost $1000/barrel, it's still worthwhile to pursue as an alternative to drilling. Greater efficiency can come in later iterations. Immediately, at any price, it's more carbon-responsible and less politically volatile. This is exciting stuff!
- mdasen 18y agoOil is already at >$130/barrel. $50/barrel would mean less than half the price. The only thing they're relying on is that, long-term, oil doesn't see a halving of its price.