Petroleum Alternatives Are Our Future
Driven by rising oil prices, regulatory pressures and global warming concerns, countries worldwide are quickly embracing petroleum alternatives such as ethanol and biodiesel, which can curb their dependence on imported oil with minimal infrastructure changes. The market for a petroleum substitute is proven and expanding rapidly.
OriginOil’s breakthrough technology, based on algae, is targeted at fundamentally changing the world’s source of oil without disrupting the environment or food resources. An endless supply of this new oil can be used in many of products like diesel, gasoline, jet fuel, plastics and solvents without the global warming effects of petroleum.
Only by industrializing the manufacture of new oil can we meet the current and future demands of global industrialization.
The Problem with Crop-Based Biofuels
First-generation biofuels, derived from farmed crops such as corn, sugarcane, rapeseed and palm, have been touted as the replacement for petroleum. But these all fall short of displacing petroleum because they require vast amounts of precious resources like water and farmland, and often result in deforestation.
Additionally, crops like corn require a great deal of energy to turn into fuel and are less energy-rich than petroleum.
Simply put, no farmed crop can compete with petroleum. Biofuels as we know them are a dead end.
Algae Is the Ideal Replacement for Petroleum
A small organism, microalgae (algae), is the natural replacement for petroleum. Algae is a highly efficient biological factory capable of taking carbon dioxide (CO2), a waste product, and converting it into a high-density liquid form of natural oil through photosynthesis.
In other words, algae turns CO2, a bad thing, directly into oil, a good thing.
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