Detailed text transcripts for TV channel - CNN - 20100512:17

Detailed text transcripts for TV channel - CNN - 20100512:17:52:00

fact, to have access to materials that will be low cost. we helping those companies. and if you -- if we take a little bit of perspective, if we trying to remember what happened about 150 million years ago, it's exactly what happened when we discovered -- when we discovered petroleum. you had a couple companies that basically drilled the oil. >> yep. >> get the oil out and starting to use it as a fuel, but then they were ending up with a lot of by-product. those by-product become the plastic of today, the chemical of today. >> ah. >> and it's, you know, 150 years ago well, we not reinventing the wheel, we just looking at something in a pattern that is basically more or less the same. >> so, you're taking a by-product of algae which can be used to make oil, you're taking the by-product of that and making it into what we think of as a by-product of oil, you're making it into plastics. are your plastics cheaper or more expensive than plastics made out of traditional petroleum? >> this is a key question. as of today, the hybrid resins

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