Get excited: Obama’s DOE now making “investments” in algae

posted at 4:01 pm on January 17, 2013 by Erika Johnsen

Why the Obama administration is so recklessly determined to play venture capitalist and turn every endeavor that might legitimately lead to “green” energy into a race for rent-seeking, regardless of the costs and consequences, is beyond me. The federal government has already made a hot mess of the biofuels industry in general, catering to special ethanol interests and gumming up our cars for the sake of negligible-to-negative environmental results that jack up food prices at home and abroad, but heck — since that’s been such a resounding success, why not just keep doing more of the same, amirite?

Remember President Obama’s speech last year, in which he implied that it’s the government’s job to make the “investments” that will bring about the cleaner, greener energies that he has munificently determined will be the way of the future, including fuel made from algae? He was not kidding, CNS News reports:

On Thursday, the department announced “up to $10 million to help unlock the potential of biofuels made from algae.”

The money will go to research projects aimed at making algae cultivation systems more productive (getting more of it per acre); and developing energy-efficient and low-cost algae harvesting and processing technologies.

The Energy Department hopes the new technologies will speed commercialization of domestically-produced, cost-competitive biofuels from algae.

Researchers from industry, academia, and national laboratories are encouraged to apply for the federal funding.

If algae really has the potential to make it as a viable and efficient energy source, as plenty of research in recent years has suggested it very well might, then that’s great. If investors think that it can be outfitted for profitable and ergo voluntary and economy-boosting mass consumption, then the free market will do the legwork and the economy will innovate, just as it has somehow miraculously managed to do on its own since time immemorial. Government interference in the free market almost always creates more problems than it solves, and in this case is using our money to prop up untested technologies that may-or-may-not have a future, at an economic cost.


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…looks like JugEars had diahrrea!

KOOLAID2 on January 17, 2013 at 4:02 PM

Why the Obama administration is so recklessly determined to play venture capitalist and turn every endeavor that might legitimately lead to “green” energy into a race for rent-seeking, regardless of the costs and consequences, is beyond me

…have to pay off his bundlers!

KOOLAID2 on January 17, 2013 at 4:03 PM

“investments”

…I pay “investments” on April 15th!

KOOLAID2 on January 17, 2013 at 4:04 PM

I get algae on my ponds every year. They can just have the $hit for free if they’ll come and get it.

BacaDog on January 17, 2013 at 4:05 PM

At least with Algae we won’t be starving people to feed cars. Bio-Diesel is a smarter way to go than ethanol.

I’m still, however, skeptical of renewables.

E L Frederick (Sniper One) on January 17, 2013 at 4:05 PM

*eats a fig roll*

BigGator5 on January 17, 2013 at 4:06 PM

…what?…no one’s coming cuz JugEars said “eat your peas”…but you see pea soup?

KOOLAID2 on January 17, 2013 at 4:06 PM

“Soylent Green is … our f’n tax money going down the toilet.

rayra on January 17, 2013 at 4:08 PM

What the hell am I doing going to work at my job every day?

I should quit my job, start up some phony “green energy” company, scam the government out of billions, and then shut the place down, lay everyone off and retire fat and happy.

UltimateBob on January 17, 2013 at 4:08 PM

Why the Obama administration is so recklessly determined to play venture capitalist and turn every endeavor that might legitimately lead to “green” energy into a race for rent-seeking, regardless of the costs and consequences

Kickbacks
Slush funds
Campaign donations
Bundler compensations
Money laundering
Keep Saudis in oil business
Bankrupt America
…..you know…the stuff Hussein has a mandate to do :(

burrata on January 17, 2013 at 4:10 PM

Scum suckers, all of them. Now, literally.

Archivarix on January 17, 2013 at 4:11 PM

Pond Scum !
The administration that is .

Lucano on January 17, 2013 at 4:11 PM

If the Republican majority in the House had any sense, they would defund the Department of Energy ASAP! Then flip coins for defunding all the rest of the redundancies and other useless agencies!

tomshup on January 17, 2013 at 4:13 PM

I would just like to point out that for decades the EPA has been working hard to prevent algae growth, caused by fertilizer run-off and phosphated detergents.

Now that you can’t buy soap that works thanks to the EPA, the DoEnergy is funding ways to grow algae.

Hello…..it must be me. I thought we had already discovered how to grow algae. Now we have to pay to learn how to do it all over again?

BobMbx on January 17, 2013 at 4:13 PM

I have a friend doing research in this area at University. Not sure what to think. The connection between what works in a lab situation and what works in reality is a difficult one to make.

earlgrey133 on January 17, 2013 at 4:13 PM

[UltimateBob on January 17, 2013 at 4:08 PM]

You’ve overlooked one little problem. You aren’t on their list.

I’d sure like to see who it is that are getting the grants and loans, ’cause they’re likely to be the same people as the last go around.

And don’t go looking at the names on the forms. Look at who the investors are.

Dusty on January 17, 2013 at 4:14 PM

Soylentra.

BL@KBIRD on January 17, 2013 at 4:24 PM

every endeavor that might legitimately theoretically lead to “green” energy

FIFY
Better yet:

every endeavor that might legitimately lead to “green” energyDNC kickbacks

dentarthurdent on January 17, 2013 at 4:24 PM

Boy, the Sandy Aid package had millions in there for this algae “research” – they just can’t wait to spend money, can they. Next they’ll find a way to spend money on fart-propelled cars.

NJ Red on January 17, 2013 at 4:30 PM

“What’s green and smells like pork?’

“Uh, Kermit….?”

apostic on January 17, 2013 at 4:33 PM

Nancy Pelosi’s son is on the board of directors and is heavily invested in a El Segungdo Ca. based company (CERP) that has developed making biodegradable plastics out of algae.

I’m sure this has nothing to do with it.

jpcpt03 on January 17, 2013 at 4:34 PM

Next they’ll find a way to spend money on fart-propelled cars.

NJ Red on January 17, 2013 at 4:30 PM

Too late……

BacaDog on January 17, 2013 at 4:36 PM

Nancy Pelosi’s son is on the board of directors and is heavily invested in a El Segungdo Ca. based company (CERP) that has developed making biodegradable plastics out of algae.

I’m sure this has nothing to do with it.

jpcpt03 on January 17, 2013 at 4:34 PM

…and we know your source was NObody from the MSM!

KOOLAID2 on January 17, 2013 at 4:36 PM

It will probably require a few thousand acres of algae to produce one tank of fuel.

Personally, I think all of this is a money laundering scam. The funds get laundered through these phony businesses like Solyndra, and wind up in the coffers of Democrat campaigns.

TarheelBen on January 17, 2013 at 4:40 PM

UltimateBob on January 17, 2013 at 4:08 PM]
I can get you a job with O , just call him at …
I – wtf – luv – green .

Lucano on January 17, 2013 at 4:48 PM

…and we know your source was NObody from the MSM!

KOOLAID2 on January 17, 2013 at 4:36 PM

Whaddya want, bucko, him to go personally spying on Pelousy?

MelonCollie on January 17, 2013 at 6:11 PM

Erika, Erika, Erika…. When are you going to realize that you (or the collective ‘we’) didn’t build that? All things worth doing emanate from ObamaNation, and don’t you forget it!

FerrousOxide on January 17, 2013 at 6:27 PM

Oh, and Erika, I just want to thank you for being such a breath of fresh air since you started blogging here at Hot Air. I really enjoy your work.

FerrousOxide on January 17, 2013 at 6:29 PM

Government “investments” in alternative “green” energy sources attracts a raft of grifters, liars, and thieves the way a trailer park attracts a tornado.

But it is not necessarily a fact that all efforts in the area of biologically-produced motor fuels are scams.

And, this is important… We need ‘motor fuel’. Gasoline is ONE ‘motor fuel’. Only one.

But, answer me honestly… If your tank is filled with something other than petrochemicals, do you really care as long as your Maserati/Hummer/Taurus/Yaris fires up on a cold morning, blasts you along to your destination, and doesn’t damage your engine in the process?

Really?

I invite you to do a quick look at ‘biobutanol’, a “biomass*”-produced alcohol with power similar to gasoline, fewer problems with corrosion AND (weirdly) investments by BP and Dupont, and even more strangely, lacking in ‘governmental investments’.

*Biomass = Manure(Hello feedlots! Need a revenue source?), grass clippings, woodchips, organic elements from human trash, etc., as well as anything surplus (sorghum, soy beans, beets), where the price has dropped too low for farmers to make a buck…

Don’t let the stupidity, cupidity and outright criminality of the present administration taint your view of ‘alternative fuels’.

Do the research, follow the money, and, invest after I do…

Ok. Sorry. That was selfish…

Best Wishes!

heldmyw

heldmyw on January 17, 2013 at 6:43 PM

It starts with Soylent Red…

malclave on January 17, 2013 at 6:52 PM

I see that picture. They are assassinating algae to make fuel. Quick, call the EPA, peta, michelle O. We must protect these harmless algae!

Old Country Boy on January 17, 2013 at 7:01 PM

Thanks to the Boehner crowd. Money for pond scum was in the McConnell/Boehner Tax Hike for the Evil Rich Act. So don’t just blame the DOE, look at where they got the money.

kringeesmom on January 17, 2013 at 8:42 PM

Next they’ll find a way to spend money on fart-propelled cars.

NJ Red on January 17, 2013 at 4:30 PM

Too late……

BacaDog on January 17, 2013 at 4:36 PM

Cool…maybe I can get some gubmint money because of my 60 head of cows. Any you fools thought gold was going to be the hedge.

moo on January 17, 2013 at 10:03 PM

wealth transfers to rent seekers and cronies. isn’t nationalized Chicago politics awesome?

tom daschle concerned on January 18, 2013 at 6:08 AM

Why the Obama administration is so recklessly determined to play venture capitalist and turn every endeavor that might legitimately lead to “green” energy into a race for rent-seeking, regardless of the costs and consequences, is beyond me.

Really, Erika? It’s beyond you? Come on, I think you’re being modest. I think that you know precisely why and that the reason can be found on the lists of registered lobbyists and campaign contributors.

MJBrutus on January 18, 2013 at 6:17 AM