As in any new industrial revolution, the beginning most certainly had bumpy roads to travel. Crude oil prices made historical price gains back in 2008($147) only to fall back down to around $40 within a 6 month period made the world turn into a frenzy of researching for anything that could replace the impact of high fuel prices. The world was coming to an end and we all were doomed to Hell. However, as things settled down and life got back to some form of normalcy, the long term research that was always needed will continue by those that have the money and long term thinkers like Warren Buffett will capitalize after the dust settles.. After all, it's been less than 10 years since Jatropha came into play as a bio fuel by companies like GM, BP, Boeing, UOP, Air New Zealand, Rolls Royce, Daimler Benz and dozens of other companies.
Time will tell if it becomes a household name like ethanol has over the last 20 years.
As in any new industrial revolution, the beginning most certainly had bumpy roads to travel. Crude oil prices made historical price gains back in 2008($147) only to fall back down to around $40 within a 6 month period made the world turn into a frenzy of researching for anything that could replace the impact of high fuel prices. The world was coming to an end and we all were doomed to Hell. However, as things settled down and life got back to some form of normalcy, the long term research that was always needed will continue by those that have the money and long term thinkers like Warren Buffett will capitalize after the dust settles.. After all, it's been less than 10 years since Jatropha came into play as a bio fuel by companies like GM, BP, Boeing, UOP, Air New Zealand, Rolls Royce, Daimler Benz and dozens of other companies.
Time will tell if it becomes a household name like ethanol has over the last 20 years.
Comment by
John Guchone
Amplius Group