lundi 29 juillet 2013

Agricultural revolution…yes / no?

This is the claim made by a company called Azotic:



Our nitrogen-fixing bacteria is unique as it fixes nitrogen intracellularly within crop plants. It is environmentally friendly and has the potential to be ubiquitous to all crops.



(more can be found here: http://azotictechnologies.com/index.php/technology/ )



…also claims to replace 60% of a plant’s nitrogen needs.



Nitrogen fertilizer production is approaching $100 billion annually. Is a major pollutant. Requires large amounts of energy to produce. A major user of natural gas. Produces a significant carbon footprint.



So does this new technology really have the potential to revolutionize agricultural production? Is it time to start short-selling nitro producers?



…and if it’s for real…what are the implications? Just off the top of my head…what percentage of food costs are directly connected to nitro fertilizer? What nitro producing companies are going to see their annual sales plummet? Something new comes along that wipes out 60% of your market…your shares are going to nosedive. What countries are going to see their tax base shrivel up (Trinidad and Tobago)? Any social issues associated with significant changes in the costs of food production?





via JREF Forum http://forums.randi.org/showthread.php?t=263002&goto=newpost

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