Energy 2.0

clipped from revolutionaryparadigm.blogspot.com Times Online - Scientists find bugs that eat waste and excrete petrol Silicon Valley is experimenting with bacteria that have been genetically altered to provide 'renewable petroleum' “Ten years ago I could never have imagined I’d be doing this,” says Greg Pal, 33, a former software executive, as he squints into the late afternoon Californian sun. “I mean, this is essentially agriculture, right? But the people I talk to – especially the ones coming out of business school – this is the one hot area everyone wants to get into.” Mr Pal is a senior director of LS9, one of several companies in or near Silicon Valley that have spurned traditional high-tech activities such as software and networking and embarked instead on an extraordinary race to make $140-a-barrel oil (£70) from Saudi Arabia obsolete. “All of us here – everyone in this company and in this industry, are aware of the urgency,” Mr Pal says.

Energy 2.0 will do for us what the web has already done - decentralize energy production to the point where two or three giant firms cannot even envision controlling the energy markets.