Archives from December 2008

Biofuels Pay Big Dividend

One question we’ve been asked a lot lately is: “haven’t lower oil prices reduced the interest in your technology?” It’s a fair question, but a bit misguided.  While short-term declines in oil prices are driving down the cost of gasoline, today’s price does not reflect the long-term realities of the petroleum market.  The big picture is framed not by today’s cost of oil, but rather by some irrefutable fundamentals that will drive the pace and value of renewable energy technologies for the rest of the century. 

First, any way you slice it, petroleum is NOT a renewable source...