Biofuel
Categories: Tech, Econ, Investing, Entrepreneur
Biofuel is fuel made from bio...er...living things, like plants and animals.
You’ve probably heard of ethanol (hello, corn...it’s really in just about everything) and biodiesel (the new gas made from vegetable oils and alcohol, not for consumption, though it is less explodable than petroleum gas). Biofuels are all the rage these days, since they’re more sustainable than extracting ancient dinosaur bones from the Earth. Because biofuel is the future of fuel, major gas companies are trying to gaslight the world by investing millions and millions into biofuel research, saying, “What oil spill? We’re all about the biofuel…” Sure.
In particular, ExxonMobil is turning to algae to make biofuel en masse which can be grown on otherwise useless land, and can produce a lot of biofuel compared to other bio-sources. We’ll see, Exxon, we’ll see.
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Finance: What are petro dollars?8 Views
Finance allah shmoop what are petro dollars Well they're just
money received from the mining of this guy's blood and
guts because yeah oil that's where it comes from yesterday's
stegosaurus is today's refined petroleum and we're talking about a
massive amount of dollars here like you could call them
master dollars or t rex a dollars or try sarah
dollars big wealth in the nineteen seventies came from the
petro era in the same way that it's led today
by amazon facebook and google When oil prices suddenly spiked
in the seventies the people who won well they were
the ones who had massive oceans of it underground We're
looking atyou saudi arabia and you texas and in times
when there is so much money coming into a system
with a shock well the economic driver of that wealth
becomes a kind of currency itself In fact china's made
all kinds of noise about making their currency now and
oil standard upgrading from the old gold silver and bronze
medal of shame standard that western civilization well he used
to hold so dear petro dollars petro wealth were still
feeling it and weigh no that that makes this guy
Happy at least if you're happy and you know it 00:01:18.389 --> [endTime] never moved