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> Production of solution also sequesters 1.35 tons of CO2 compared to it's competitor HEDP which emits 3 tons. Why haven't they set up shop in Europe yet? If t
by thinkcontext 6y ago
> Production of solution also sequesters 1.35 tons of CO2 compared to it's competitor HEDP which emits 3 tons.
Why haven't they set up shop in Europe yet? If they are already cheaper than the conventional product the carbon price would be all additional profit.
- kharak 6y agoThey bio-engineered something. Probably forbidden here, or really difficult to get approval. Europes public and leadership fears bio engineering and has not yet realised its importance in the future. Someone with more insight into Biotech correct me if I am wrong.
- moksly 6y agoI'm not sure where you got the impression that the EU would have a problem with bio engineering. The European public in general is very critical of GMO in to-human products, but that's about where it ends. Almost all the crops grown in Europe have been bio engineered in some way, and GMO isn't even that rare as long as it's for animal consumption. Maybe the fact that there isn't a market for GMO consumer products is where you got it mixed up? Hell even the worlds leading GMO company Monsanto is owned by a German company.
- kharak 6y agoThanks! That is great news to me. Your last paragraph might explain my former view. I wasn't aware of the not B2C part. Still, how difficult is it to bring GMO products to a European market like Germany? I'd imagine the hurdles are higher and more expensive compared to the USA?
- moksly 6y agoIt’s not particularly difficult, but you have to clearly label it and consumers will likely avoid it when you do.
- Mvandenbergh 6y agoThey're mostly selling to onshore oil production of which there is very little in Europe.