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That would appear to make alligator fuel competitive with commercial diesel, which sells for a little more per gallon than gasoline.
Verenium wants to demonstrate that it can create ethanol for $2 a gallon, which it hopes will make the fuel competitive with other types of ethanol and gasoline.
The researchers estimated that a carbon tax of $80 per metric ton of carbon dioxide would make the catalytic hydropyrolysis fuel competitive with gasoline made from $50-per-barrel 50-per-barrel 50-per-barrel
DuPont and BP aim to make the fuel competitive with gasoline, even when oil is priced as low as $30 to $40 a barrel.
That means cellulosic ethanol could be produced for as little as $2 a gallon, Anderson says, making the renewable fuel competitive with corn ethanol and gasoline.
Sugarcane processing to ethanol, often accompanied by electricity and/or sugar, produces fuel competitive with global petroleum prices, has a very positive ratio of fossil fuel displacement: fossil fuel input, high fuel yields per hectare, and generally positive sustainability metrics [ 64, 65].
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Do we want to make alternative fuels competitive, reduce our carbon emissions and protect the environment?
Yet he says making algae fuels competitive will be a challenge.
Yet these technologies might prove vital to making its fuels competitive.
That could make wind, solar and other alternative fuels competitive in terms of the cost of producing electricity.
But they also help make investments in renewable fuels competitive and spur the development of costly sources of oil, like deepwater reserves.
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