Cars love inefficiently sucking down dead dinosaur juice, though hopefully for not much longer. In the meantime some companies have figured ways to produce cellulosic ethanol cheaply using more sustainable ways – basically a cheaper way to make biofuel for cars to burn on their way to wherever cars go.
Modern biofuels are better to use than dinosaur-based biofuels (which take millions of years to manufacture and I haven’t seen dinosaurs in years) so until we kick humanity’s gas addiction let’s use biofuels.
Novozymes, the world’s largest industrial enzyme producer, today launched a new line it says will yield ethanol from plant wastes at an enzyme price of about 50 cents a gallon. The latest product of a decade of research, this marks an 80 percent price drop from two years ago, according to Global Marketing Director Poul Ruben Andersen.
The advances, Andersen said, will help bring cellulosic ethanol production prices to under $2 a gallon by 2011, a cost on par with both corn-based ethanol and gasoline at current U.S. market prices.
Yesterday, Novozyme’s competitor, California-based Genencor, a division of enzyme giant Danisco, announced its own new enzyme product, which falls within a similar price range of about 50 cents to make a gallon of fuel, according to Philippe Lavielle, executive vice president of business development.
