Alternative Energy possibilities.
I was reading the QandO blog and ran into
this observation.
Jon was talking about the OPEC decision to limit Oil production to raise prices.
bq. ...just one more reminder: OPEC is not our friend.
bq. Fortunately, it may not always be depressing. The OPEC hike reminded me of
this story. Remember that "Waste-to-Oil" process, in which turkey parts (for example) could be turned into oil? Well, it's progressing....
That story links to an article in the
Philidelphia Inquirer which talks about a company called
Changing World Technologies.
These people are claiming to be able to economically turn waste into oil and if their process scales up sufficiently, it will compete with OPEC prices. Very cool stuff if it works.
Posted by DaveH at February 10, 2004 12:13 PM