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Future Fuels

Posted in Climate Change by Ryan on the March 1st, 2011

An encouraging article about a company that claims to have produced an organism that can turn CO2 and light energy into diesel fuel.  I want to believe that such breakthroughs are inevitable and will impact our lives within the decade.  This certainly is a step in the right direction, if not for a full on red flag stumble along the way.

Joule was founded in 2007. In the last year, it’s roughly doubled its employees to 70, closed a $30 million second round of private funding in April and added John Podesta, former White House chief of staff under President Bill Clinton, to its board of directors.

Podesta’s involvement casts doubt in my mind for some reason…maybe it has something to do with his fondness for Van Jones.

I want this kind of technology to work, but I almost wonder if some of that delicious government “investment” finds its way to their coffers in the next while.

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