The algae biofuel concept is not new, and its a source with a lot of potential. Especially that it doesn't need fresh water to be produced like pretty much all other biofuel sources. It's not commercially viable now, but that's where the investment in development comes in.
I think that is No1's point. Obama is saying he wants to build plants when the technology is not anywhere close to being ready. That's how you end up with Solyndra when the cost to make a gallon of fuel will be astronomical. If Obama wants to set aside taxpayer dollars for RESEARCH that is a different story. He made the same mistake with Solyndra. Well, I don't think it was a mistake it was payback to his bundlers. They got their bonuses and now all is fine except the 500 million that went up in smoke. We just need to find what bundlers haven't been paid back yet, and I'm sure will find where this algae nonsense is coming from.
No sweat, TYAn!!!
You see, Solyndra couldn't compete with the prices of the Chinese manufacturers, since they subsidized their solar industry to the tune of $20 billion +.
Of course, it's 100% correct. You are an utter fool.
So, math whiz: are you telling me that, if they could have sold their product at a higher price, they would have gone bankrupt?
nevermind, you're a fool.
You are beyond clueless. Please, dry out, get into a program, and stop replying to me if you aren't going to make any sense.
At the very least stay on subject.
Solar energy has already proven itself to be very effective, just not on a massive scale.
There are plenty of people who use solar power to run their entire homes, even a few businesses to run their plants.
No, it's nowhere near developed enough to run heavy industrial plants or as a grid source yet. But, for smaller home use it's fine.
Wow, that was a lot of meaning drivel that has no basis in logic, math, or reality.
The fact is, they could not compete with manufacturers who could undercut them due to heavy government subsidy.
And you are now going to throw a little tantrum because this doesn't align with your desperate political narrative. Go right ahead, the night is still young and you still have LOTS of votes to drum up for Obama!!!
It is fine. Companies do need to recoup their r&d costs, though. So the cost is still pretty high.
But, we'd rather spend $30 billion on a failed F-22 program, for instance, than on something smart like this. this is because we have <turdsuckers like TYAN running around lapping up any nonsense that anyone tells them. And we have a LOT of them.
Wow, that was also a lot of meaningless tripe. Is this some sort of "self-soothing" exercise you are doing?
yes, Solyndra went bankrupt because they could not match the prices of Chinese manufacturers who are heavily subsidized by the Chinese government. Solyndra was subsidized to the tune of 0 dollars and 0 cents. it's a simple fact, and one a small child could grasp.
But no sir, not you.
<<Hey jacka ss, Solyndra was red-flagged by the credit rating agencies well before as a shaky company,>>
because of the market prices. Are you guys really this ignorant of simple economics?
Archie, you should probably just shut up. maybe you don't realize, but you are officially now part of the ignorant idiot nutball hater group. So stick to the wingnut e-mail jokes, it's your sweet spot.
<<And why can't the government finance the fracking of algae, buncko?>>
Because you touch yourself at night?
Stupid questions get stupid answers.