A San Diego company said Wednesday that it could turn algae into oil, producing a green-colored crude yielding ultra-clean versions of gasoline and diesel without the downsides of biofuel production.
The year-old company, called Sapphire Energy, uses algae, sunlight, carbon dioxide and non-potable water to make "green crude" that it contends is chemically equivalent to the light, sweet crude oil that has been fetching more than $130 a barrel in New York futures trading.
Chief Executive Jason Pyle said that the company's green crude could be processed in existing oil refineries and that the resulting fuels could power existing cars and trucks just as today's more polluting versions of gasoline and diesel do.
"What we're talking about is something that is radically different," Pyle said. "We really look at this as a paradigm change."
Sapphire's announcement is the latest development from companies and researchers focused on finding ways to cut harmful emissions from the nation's giant fleet of cars, trucks, trains and planes.
Sapphire's process would help curb the nation's reliance on imported crude and alleviate concerns about the world's dwindling supply of oil, Pyle said. And by using carbon dioxide spewed out by such things as coal plants, the production process would help remove harmful emissions from the atmosphere.
The green crude also would produce fewer pollutants in the refining process and fewer harmful emissions from vehicle tailpipes, Pyle said.
The company wouldn't give details about the production process or where its pilot project would be located. It expects to introduce its first fuels in three years and reach full commercial scale in five years.
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So what ya think? It's sure impressive and really would be very green. Always a postive and keeps the resource in circulation, it's not fossile fuels but it's still oil. It could work.
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