Archer Daniels Midland's Collaboration With ConocoPhillips Good News For Shareholders [View article]
There is a lot of hyped up mumbo-jumbo in this comment that is not really connected to each other but sounds really cool. Yet, ADM is not anymore the largest EtOH producer (VeraSun is); none of the cellulosic (no "t") technologies are proven large scale, a.k.a. efficient (cost is 3 times conventional EtOH and that is barely profitable); for the farmer there is a choice to make: either EtOH or soy/diesel so it is a trade off always in supplies; there are only 10% diesel cars on the roads and the air pollution rules are not friendly to them; what exactly is biocrude ????
Re: Georealist, yep now new technologies lately - yet, the technologies have been around already since twenty years, no need to reinvent them (except to hype investors about "new" stuff). Just apply them! Oh yeah, Syngas, aka CTL, GTL or BTL is technology from the 1920's, nothing new there and still investors wet their pants when they hear it.
Archer Daniels Midland's Collaboration With ConocoPhillips Good News For Shareholders [View article]
Yet, ADM is not anymore the largest EtOH producer (VeraSun is); none of the cellulosic (no "t") technologies are proven large scale, a.k.a. efficient (cost is 3 times conventional EtOH and that is barely profitable); for the farmer there is a choice to make: either EtOH or soy/diesel so it is a trade off always in supplies; there are only 10% diesel cars on the roads and the air pollution rules are not friendly to them; what exactly is biocrude ????
Re: Georealist, yep now new technologies lately - yet, the technologies have been around already since twenty years, no need to reinvent them (except to hype investors about "new" stuff). Just apply them! Oh yeah, Syngas, aka CTL, GTL or BTL is technology from the 1920's, nothing new there and still investors wet their pants when they hear it.