AEB 0.00% 1.6¢ affinity energy and health limited

Biofuels Aren't the Answer, but AEB might be

  1. 1,709 Posts.
    lightbulb Created with Sketch. 1
    'Turning plant matter into liquid fuel or electricity is so inefficient that the approach is unlikely ever to supply a substantial fraction of global energy demand, the report found. It added that continuing to pursue this strategy — which has already led to billions of dollars of investment — is likely to use up vast tracts of fertile land that could be devoted to helping feed the world’s growing population.'

    'Under mandates adopted by Congress during the George W. Bush administration and supported by the Obama administration, as much as 30 percent to 40 percent of the American corn crop is being turned into fuel for cars each year, displacing about 6 percent of the nation’s demand for gasoline.'

    'Several studies have found that the policy has helped drive up global food prices, has worsened some types of air pollution and has done relatively little to reduce overall emissions of carbon dioxide, the gas primarily responsible for global warming.'

    'Biofuels are an inefficient way to convert sunlight to fuel, meaning an immense amount of land would be required to supply a significant fraction of global energy demand, Mr. Searchinger said.'

    'That land will also be needed to help meet a global appetite for food that is expected to rise 70 percent or so by 2050, he said.'

    “We’ve only got one planet, with only so much land,” Mr. Searchinger said. “If you use land for one purpose, you can’t use it for another.”

    http://www.nytimes.com/2015/01/29/s...-to-reconsider-reliance-on-biofuels.html?_r=0

    Some of the things outlined in the article above further underline the attractiveness of the technology that AEB bring to the table.

    This is because AEB have a high-yielding enclosed algae harvesting system that is designed to produce algae products including protein, oil and biofuel on an industrial scale whilst taking up less than 1/10th the land footprint of existing competitors' pond growth operations. Furthermore, their technology provides the highest yield of algae per hectare in the world while avoiding the problem of food producing land being used for biofuel production.

    What's not to like about that?
 
watchlist Created with Sketch. Add AEB (ASX) to my watchlist
(20min delay)
Last
1.6¢
Change
0.00(0.00%)
Mkt cap $15.28M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
10 1206490 1.6¢
 

Sellers (Offers)

Price($) Vol. No.
1.7¢ 446378 4
Last update - 10.27am 11/12/2018 (20 minute delay) ?
AEB (ASX) Chart
GET SUPPORT arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.