09 May 2008

Green Star Algal Oil: 100 Times More Oil per acre Than Soy for Biodiesel AND Protein

Green Star(OTC:GSPI) has announced its technical report on its 40,000 liter demonstration facility in Montana. The results demonstrate that algal biodiesel can outproduce soy and other popular oil crops by 100 to 1, and can simultaneously produce large quantities of protein rich food.
Green Star Products, Inc. (OTC:GSPI) today announced that it has publicly released the entire chronological technical report on its 2007-2008 algae (40,000 liter) demonstration facility....

* Algae produce 100 times more oil per acre than traditional food oilseed crops such as soy, etc. (Note: Algae produces 4,000 gallons of oil per acre per year versus 50 gallons per acre for soy.)
* Algae eat CO2, the major Global Warming Gas, and produce oxygen.
* Algae require only sunshine and non-drinkable (salt or brackish) water.
* Algae do not compete with food crops for either agricultural land or fresh water.
* Algae can reproduce themselves and their oil every 6 hours, while it takes Mother Nature millions of years to produce crude oil in the ground.
* Algae oil byproduct is a highly nutritious protein-rich food (30-50%), which will someday help feed the world
* Algae can produce high protein food at the rate of over 50 times (5,000%) faster than traditional food crops such as corn, soybeans and wheat.

Green Star’s business plan includes commercial production in the 2008-2009 timeframe.___Business Wire
The bottom line for algal biodiesel is high production costs, and the continuing need to solve lingering technical problems while holding production costs down. Each of the main competitors has developed its own proprietary approach to solving these problems, which are necessarily held close to the vest.

Suffice it to say, the first company to achieve economic, large-scale production of algal bio-oils will have a 20 lane freeway and several rail spurs built directly to its doors. Earth to venture capitalists: time to wake up!

Also posted at Al Fin Energy

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