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Mapping Wild Cards

Inspired by: FP7 » Cheap biofuel from algae replaces oil by 2030

version: 1 / created: 2009-12-17
id: #594 / version id: #594
mode: VIEW

Originally submitted by: Tuomo Kuosa
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Last changed by: Tuomo Kuosa
WI-WE status:
submitted unpublished

Source of inspiration

European Commission Framework Programme for RTD (FP7)

Theme/activity of inspiration

Theme 5 - Energy

Sub-theme/area of inspiration

Knowledge for energy policy-making

Headline

(max. 9 words)

Cheap biofuel from algae replaces oil by 2030

Description

(approx. 150 words)
Please describe the Wild Card (approx. 150 words)
By 2030 algae finally fully replaces oil, not only in transportation, but in all production where black oil used to be used such as plastic, rubber, and electricity production. Oil remains in the energy markets, but due to new taxes and increasing pumping costs it is more expensive than biofuel and therefore much less used.

Keywords

algae, oil, energy, rubber, pumping costs, taxes

Mini-description

(max. 250 characters)

By 2030 algae finally fully replaces oil, not only in transportation, but in all production where black oil used to be used such as plastic, rubber, and electricity production.

Likelihood

Closest timeframe for at least 50% likelihood
Please use one of the following options:
now-2050

Features of life if the wild card manifests

Feature 1: business models and industrial environment
By 2030 algae finally fully replaces oil, not only in transportation, but in all production where black oil used to be used such as plastic, rubber, and electricity production. Oil remains in the energy markets, but due to new taxes and increasing pumping costs it is more expensive than biofuel and therefore much less used.