Geek oil or peak oil?

geekoilA new scientific discovery that takes algae and turns it into crude oil in minutes rather than millions of years could be the end of constant worries over “peak oil.”

Engineers at the Department of Energy’s Pacific Northwest National Laboratory (PNNL) announced that they have created a process that takes an enriched stew of algae and turns it into crude oil which, in turn, can be made into a usable bio-fuel. The development was announced in a recent issue of the journal Algal Research.

Genifuel Corp., a biofuels company from Utah, has licensed the technology and is attempting to utilize the process on a larger, industrial scale.

In a press release, PNNL described, “In the PNNL process, a slurry of wet algae is pumped into the front end of a chemical reactor. Once the system is up and running, out comes crude oil in less than an hour, along with water and a byproduct stream of material containing phosphorus that can be recycled to grow more algae.”

The press release also noted that “conventional refining” is then capable of taking the man-made crude oil and turning it into usable biofuels. PNNL notes that the man-made crude can be made into “aviation fuel, gasoline, or diesel fuel.”

PNNL also feels that its process has eliminated the high cost of other algae-based biofuels processes.

“Cost is the big roadblock for algae-based fuel,” said Douglas Elliott, leader of the PNNL research team. “We believe that the process we’ve created will help make algae biofuels much more economical.”

The biggest cost-saving aspect of the new process is that the PNNL team figured out how to use wet algae, whereas most other formulas require the algae to be in a dry form.

“Not having to dry the algae is a big win in this process; that cuts the cost a great deal. Then there are bonuses, like being able to extract usable gas from the water and then recycle the remaining water and nutrients to help grow more algae, which further reduces costs,” Elliot said.

Another exciting development in this new process is that the system works continuously. Other attempts created biofuels in single batches, but this new process works more like an assembly line in a continuously moving and producing system.

The new process also dispenses with the use of toxic chemicals and solvents to separate the energy-rich oils from the algae. The process uses high heat and pressure instead.

“It’s a bit like using a pressure cooker, only the pressures and temperatures we use are much higher,” Elliott said. “In a sense, we are duplicating the process in the Earth that converted algae into oil over the course of millions of years. We’re just doing it much, much faster.”

Perhaps it won’t be long before humanity manufacturing its own oil eliminates the question of whether to drill the earth for it. – breitbart.com

Biofuels are creating famine

Two million kilometers of foreign purchased land in developing countries is either idle or used for Western biofuel production, according to a British charity. Oxfam’s report estimates an area the size of London is sold every six days.

The report states that between 2000 and 2010, 60% of investment in agricultural land by foreign traders occurred in developing countries with hunger problems.

Yet two thirds of those investors plan to export everything they produce. While 60% of deals are to produce crops that can be used for biofuels. Land can also be left idle, as speculators wait for its value to increase.
Oxfam estimates that this land could have fed 1 billion people.

According to the International Land Coalition, an NGO based in Italy, 106 million hectares of land in developing countries has been acquired by foreign investors in a period between 2000-2010, with some disastrous results.

30% of all land in Liberia has been handed out in large scale concessions in the last 5 years, while up to 63% of all available land in Cambodia has been passed on to private companies.
Farmers forced out

Oxfam emphasizes that much of the land sold off was already being used for small scale and subsistence farming or other types of natural resource use.

The report dismissed claims by the World Bank that most of the sold land remains idle, waiting to be developed. In fact most agricultural land deals target quality farm land, particularly land that is irrigated and offers good access to markets.

A 2010 study by the Independent Evaluation Group (IEG) – the official monitoring and evaluation body of the World Bank – supported Oxfam’s findings.

It found that 30% of World Bank projects involved involuntary resettlement. The study estimated that 1 million people are involuntarily resettled in projects financed by the World Bank.

In some cases people were violently evicted from their land without consultation or compensation.

Barbara Stocking, Oxfam’s chief executive, told British newspaper the Guardian that, “The rush for land is out of control and some of the world’s poorest people are suffering hunger, violence and greater poverty as a result. The World Bank is in a unique position to help stop land grabs becoming one of the biggest scandals of the century.”

Oxfam has urged the World Bank to freeze its investments in large scale land acquisitions in poor nations.

In the last decade the World Bank has tripled its support for land projects to $6-$8 billion a year, but it does not provide data on how much of this goes to land acquisition or any connection between lending and conflict in a country.

Oxfam wants the World Bank to make sure that information about land deals is publicly accessible, that communities are informed in advance and have the right to agree to or refuse to participate in projects.

Stocking said that the UK, as one of the banks largest shareholders and next year’s president of the G8, should try and get these land deals frozen.

“The UK should also show leadership in reversing flawed biofuels targets, which are a main driver for land and are diverting food into fuel. It can also play a crucial role as president of the G8 next year by putting food and hunger at the heart of the agenda,” Stocking said.

But in a statement released to the Guardian, the international Finance Corporation (IFC), the World Bank’s private lending arm, defended its past transactions.

“IFC does not finance land acquisitions for speculative purposes. We invest in productive agricultural and forestry enterprises that can be land intensive to help provide the food and fiber the world needs.”