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PBS' Nightly Business Report Explores the Alternatives for Fuel and Energy via InvestorIdeas.com
Driven by serious climate issues, dwindling resources, and stiff
geopolitical pressure, green options for fuel and energy have
skyrocketed to the forefront of global concern and necessity. But what
are the options and when will they be available? In a special 4-part
series running Tuesday, May 13 through Friday, May 16, PBS Nightly
Business Report examines some alternative energy forms and the
challenges they face in their race to the marketplace.
Renewable,
greener energy isnt just an issue for the scientists and
environmentalists, its an issue for the business world as welland a
major one at that. explained Rodney Ward, Executive Editor/Senior Vice
President, Nightly Business Report. This series examines many of the
current programs, resources, and companies that will be shaping our
future.
Series overview:
Tuesday, May 13th: Demand for grain is more intense than
ever now that ethanol manufacturers are using the same agricultural
resources as food producers. To meet the need for both biofuel and
food, the Monsanto Company is growing corn that uses little water, and
seed that can grow more corn from a single plant. The research is not
without controversy, though, since bioengineered crops remain banned in
most countries around the world.
Wednesday, May 14th: In Florida, scientists are using
pulverized sugar cane to create ethanol. Known as cellulosic ethanol,
sugar cane is not its only source material, and with modifications, it
could be created from any green plant. The trick is lowering production
costs to make it viable. Answers should come next year when Florida
Crystals sugar mill begins small-scale production.
Thursday, May 15th: Biotech company Zymetis has created a
bacterium that can turn materials like scrap paper, pulp and woodchips
into ethanol, which can eventually fuel your car. The first challenge
is obtaining enough raw material to process into ethanol on a large
scale. Another issue is transporting the ethanol from the factory to
the pump, which could potentially negate many of ethanols
environmental gains.
Friday, May 16th: Methane hydrate - a frozen gas - is a
fossil fuel that exists in abundance in many areas throughout the
world. The problem is that extracting methane hydrate is costly, and
could potentially trigger environmental catastrophe. NBR speaks to a
Japanese research team that is leading the effort to extract and
harness this potentially viable resource. |