Melissa asks:

> This sounds interesting, but I'm having trouble fact-checking it. Who knows
> about it?
>
>  http://www.timesonline.co.uk/tol/news/environment/article4133668.ece

Here's a slightly more technical article from a year ago that appeared in
Technology Review, an engineering periodical published by MIT:


http://www.technologyreview.com/read_article.aspx?ch=specialsections&sc=biofuels&id=19128&a=

Regardless of the increased prestige of the magazine, you need to be aware of
the standard pattern inherent to commercial research. It is simply the nature of
commercial innovation that far more projects fail than succeed, and that there
is a phase in development where the product under discussion can only be
described as "vaporware," a really cool idea, but nothing that you could plug
into your computer or your gas tank for years yet.

The "vaporware" phase however is a necessary step that occurs once sufficient
development has occurred to achieve proof-of-concept, but where investors are
now necessary to be attracted. It's at this stage that articles such as these
begin to appear in technical and public publications, but whether the discussed
product ever actually comes to fruition depends on a great host of things all
working well, in essentially the right order. But the most important question
that will asked at every stage of development will be: Can this process be
ultimately profitable? If the answer appears to be no, it will be abandoned,
regardless of how much investment has been put into up to this point, or how
much "good" it appears that it might do.

Wirt Atmar

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