Re: Milestone question
- --- In firstname.lastname@example.org, David Miller <riley_4_prez@...>
> Jim Bowery wrote:The purpose of The Oil Prize is to establish a limited market context
> > The real milestone will be reached when:
> > http://oilprize.org
> > has an entry for algae biodiesel.
> > Currently, it is simply not on the market for any price.
> I don't think there's a significant difference
for algae-derived products if one does not currently exist. In the
case of biodiesel, when the second stage of TOP is funded there will
be a price for algae-derived biodiesel because each month some amount
of money will be available for purchasing it, pretty much regardless
of the price.
One interesting phenomenon is that there _is_ a market for algae DHA
(Omega-3) despite the relative immaturity of that mode of production.
The reasons for this are unclear but the fact that government
initiatives to supplement school meals with Omega-3 are being held up
by the limits on fish-oil production imposed by global over-fishing is
indicative that there is tremendous potential there for algae-derived