MarsColony_in10years comments on Investing for the Long Slump - Less Wrong

8 Post author: Eliezer_Yudkowsky 22 January 2009 08:56AM

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Comment author: MarsColony_in10years 12 May 2015 12:32:01PM *  1 point [-]

how long until we get GM biofuels online? 5 years? Certainly less than ten.

Ouch. The optimism in this 6 year old post hurts.

  • 2009, January 22: Above comment made

  • 2009, July 10: GM files for chapter 11 bankruptcy. It received a $51 Billion government bailout.

  • 2010: GM has ~6 million "Flexible-Fuel" vehicles on the road, which can run on normal gas or E85 Ethenol.

I guess if the Flex Fuel was what Johnathan meant by "GM biofuels", then they came about much quicker than expected. If not, then it's been 5 years and we haven't seen much outside of DIY bio-fuels.

Comment author: Lumifer 12 May 2015 02:57:56PM 2 points [-]

Biofuels understood as ethanol from corn are basically a disaster that no one is enthusiastic about any more. Biofuels understood as running diesels on used McDonalds frying oil do not scale.