Friday, November 14, 2008

Alchemy @ $.20 a Share

That's right....Alchemy is apparently being effectively practiced in Santa Barbera, CA

Alchemy was known as the spagyric art after Greek words meaning to separate and to join together.   And that's exactly what the folks at Carbon Sciences Inc. appear to be doing; making gasoline out of CO2 and H2O. 

You'd have thought that such a significant transformational announcement would have been met with instant media fixation and uproar back on October 20th when this was announced, but, I guess that Colin Powell's endorsement of Barack Obama sucked all the oxygen out of this bit of news.  

Carbon Sciences Inc . (CABN:, the developer of a breakthrough technology to transform carbon dioxide (CO2) emissions into gasoline and other fuels, today commented on the source of hydrogen and energy efficiency of its unique CO2-to-Fuel technology.
Dr. Naveed Aslam, inventor of the technology and the company's chief technology advisor, commented: "Unlike other CO2 to fuel approaches, Carbon Sciences' technology does not use molecular hydrogen (H2) because the creation and reaction of H2 is very energy intensive. Rather, the company's approach is based on a low energy biocatalytic hydrolysis process where water molecules (H2O) are split into hydrogen atoms (H) and hydroxide ions (OH) using a biocatalyst. The hydrogen atoms (H) are immediately used in the production of hydrocarbons and the free electrons in OH are used to power the various biocatalytic processes."
"Our technology is not based on photosynthetic plants where sun light is used to drive biofuel production reactions, such as in algae. Instead, it is based on natural organic chemistry processes that occur in all living organisms where carbon atoms, extracted from CO2, and hydrogen atoms extracted from H2O, are combined to create hydrocarbon molecules using biocatalysts and small amounts of energy. Our innovative technology allows this process to occur on a very large industrial scale through advance nano-engineering of the biocatalysts and highly efficient process design," concluded Dr. Aslam.
Derek McLeish, CEO of Carbon Sciences added: "We are very excited about our novel process to transform CO2 into fuel. Since announcing this technology, we have been inundated by inquiries of interest from academia and industry. Because many aspects of our technology are trade secrets, we are not free to discuss all the details. However, based on our research to date, we believe that we will be able to demonstrate our technology within the next several months with a prototype that can convert a stream of CO2 into an immediately flammable liquid fuel."

Not being either an engineer or scientist, I can't comment on the relative merit, or value, of the claim by the wonderful people of Carbon Sciences, but wouldn't it be just amazing to be able to clear up the so-called "Carbon Problem" and at the same time put the folks in the Middle East out of business.  Wonder if this was the type of public reaction when Edison, the "Wizzard of Menlo Park", announced his "incandescent" light bulb?

Obama's Paradox Island

Why is the marketplace exhibiting such erratic behavior?  Why do consumers feel so vulnerable? Why aren't the bailed-out banks not loaning money?  Why aren't people buying large -ticket items like cars?

Could it be due to the paralysis of fear of the unknown?  The terror of making the first move, that may prove to be the wrong move? 

Welcome to Paradox Island! 

    The new Reality Show brought to you by Barack Obama in cooperation with the Democrats' Three Stooges..
    Based on campaign promises, will Barack (choose one of the 15 alternative options listed below.  You have a choice of 225 alternative right-wrong decision alternative configurations....remember no do-overs), and either get to keep your money, make some money, or lose it all!  
  • Immediately withdraw from Iraq, risking al-Qaeda and Iranian takeover and Cambodia type genocide or leave Iraq in control, victorious, and our powerful ally in the Middle East?
  • Cancel promise to double the capital gains tax so stock owners stop their own bailout plans as indicated by the 17% market drop from your election 'til midday November 13?
  • Take steps to bankrupt the coal industry or clean it up with reasonable control as we search for additionally energy sources?
  • Destroy or keep NAFTA?
  • Reverse the Executive Moratorium on drilling?
  • Defend or deny Israel's right to exist as an independent nation with Jerusalem as its capitol?
  • Attempt a further economic government grab on a seventh of our economy with universal health care?
  • Fall on the side of Muslims that hate Israel or Jews that want Israel to survive, both of whom supported him?
  • Change Washington or run a third Clinton Administration as indicated by all the Clintonites he's appointing to his cabinet?
  • Shut down Gitmo, trying terrorist scum by our constitution and housing them in our country? Odds are they'll be released in the USA because their Miranda "rights" weren't read them after they were caught trying to murder Americans.
  • Support the ban of free elections for unions so other members can terrorize voters to join?
  • Create jobs through government expansion by taking over businesses?
  • Introduce a "Fairness Doctrine" that includes ALL media; broadcast TV, print media and the Internet or drop it, recognizing its encroachment on our first amendment rights.
  • Have the guts to stand up to his crazed left supporters and save our country from destruction?
  • Get any cooperation on US initiatives he claims Bush couldn't get because of his unpopularity in the world community?

    Remember, all answers are final,  and irrevocable..... until at least 2012
Thanks to Dave Weinbaum for the list

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