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Americans bought twice as many Hybrids as EVs, are synthetic fuels next? (m.slashdot.org)

submitted 5 days ago by [email protected] to c/[email protected]

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[–] [email protected] 1 points 5 days ago (1 children)

I wanted to post this as reply on slashdot but I can't be bothered to email for an account.

If someone can produce a carbon neutral synthesized fuel at a price even close to that of petroleum fuels then they will have all the money. A lot of people are looking to do just that.

Comstock fuels / Bioleum is a company planning to build a plant to convert biomass into fuel products. Their first plant is supposed to have an annual capacity of 400k barrels of gas gallon equivalents at an initial capital cost of ~300m. Supposedly they could produce ~3500gge(gas gallon equivalents) per acre of land with the right crops grown. I hope if/when they get it going that they don't just sell it to the oil companies for greenwashing efforts, but instead actually try sell it to the end-user. The executives of it seem keen on integrating with the oil industry which seems kinda questionable from a business standpoint since they will both be fuel suppliers and therefore competitors.

The pricing will be key but that is unknown at this point. But I did see that their planned operating income was about $2 per gge which might be competitive with fossil fuels depending on the expenses for feed crop, labor, and maintenance.

[–] [email protected] 1 points 3 days ago* (last edited 3 days ago)

It feels to me like. bio fuels will do little more than drive up the cost of food and destroy more rain-forests so food can be grown there rather than in North America.

edit: This is just a feeling, I have no data to back it up, only that was what I observed in my small part of the world when many states in the Midwestern U.S. started subsidizing corn for ethanol like 20 years ago.