There are many reasons to pursue Biofuel Research & Development:
- Some believe that worldwide oil production has peaked, and demand will continue to grow, thus causing sharp price increases
- Some are concerned with the amount of wealth transfer to foreign countries
- Some believe that petroleum-based fuels are causing our climate to change because of the high CO2 emissions
- Some just want to have alternatives to protect from raising oil prices that are controlled by a cartel (OPEC)
A combination of these factors has caused RainDrop Partners to invest in promising biofuel technology. The most basic method of producing biofuel is from farming products that produce oil (known as feedstocks). The following chart shows the oil yield for various oil-bearing crops:
RainDrop partners feels that jatropha has the strongest short-term potential.
Algae is considered to be a 3rd generation biofuel, and is expected to be commercially viable in 3-5 years.
Klean Air Fuel is a process that converts biomass into a fuel that can be burned by a normal combustion engine without modifying the engine. |
