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Biofuels01:25

Biofuels

The microbial conversion of organic matter into biofuels holds potential as a renewable energy source. Among biofuel sources, microalgae are recognized as a highly efficient and adaptable feedstock for biodiesel production, owing to their rapid biomass accumulation, elevated lipid productivity, and capacity to proliferate in diverse aquatic systems, including freshwater, marine, and wastewater habitats. Unlike terrestrial crops, microalgae do not compete for land and can achieve significantly...
Carbon-dioxide Fixation01:28

Carbon-dioxide Fixation

Carbon dioxide fixation in prokaryotes enables the assimilation of inorganic carbon into organic molecules, supporting biosynthetic pathways, sustaining ecosystems, and contributing to the global carbon cycle. It also has industrial applications in carbon capture and bioproduct synthesis. Autotrophic organisms rely on this process to utilize CO₂ as a carbon source in diverse environments.The Calvin CycleThe Calvin cycle is the most widespread carbon fixation mechanism, primarily used by...
Drug Control Governance: Regulatory Bodies and Their Impact01:03

Drug Control Governance: Regulatory Bodies and Their Impact

Drug control governance involves the oversight and regulation of pharmaceuticals to ensure their safety and efficacy while preventing illegal drug use and trafficking. Regulatory bodies, including the US Food and Drug Administration (FDA) and the European Union's European Medicines Agency (EMA), play a central role in this process. These agencies evaluate the safety and efficacy of drugs before they can be marketed. They fund clinical trials and assess the benefits and risks associated with a...
Turnover Number and Catalytic Efficiency01:19

Turnover Number and Catalytic Efficiency

The turnover number of an enzyme is the maximum number of substrate molecules it can transform per unit time. Turnover numbers for most enzymes range from 1 to 1000 molecules per second. Catalase has the known highest turnover number, capable of converting up to 2.8×106 molecules of hydrogen peroxide into water and oxygen per second. Lysozyme has the lowest known turnover number of half a molecule per second.
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C4 Pathway and CAM01:27

C4 Pathway and CAM

Most plants use the C3 pathway for carbon fixation. However, some plants, such as sugar cane, corn, and cacti that grow in hot conditions, use alternative pathways to fix carbon and conserve energy loss due to photorespiration. Photorespiration is the process that occurs when the oxygen concentration is high. Under such conditions, the rubisco enzyme in the Calvin cycle binds O2 instead of CO2, which halts photosynthesis and consumes energy.
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The C4 pathway is used by plants such as...
Bioremediation00:46

Bioremediation

Bioremediation is the use of prokaryotes, fungi, or plants to remove pollutants from the environment. This process has been used to remove harmful toxins in groundwater as a byproduct of agricultural run-off and also to clean up oil spills.

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Related Experiment Video

Updated: May 24, 2026

Coupling Carbon Capture from a Power Plant with Semi-automated Open Raceway Ponds for Microalgae Cultivation
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Coupling Carbon Capture from a Power Plant with Semi-automated Open Raceway Ponds for Microalgae Cultivation

Published on: August 14, 2020

Innovation under cap-and-trade programs.

Margaret R Taylor1

  • 1Richard and Rhoda Goldman School of Public Policy, University of California, Berkeley, CA 94720-7320, USA. mtaylor@lbl.gov

Proceedings of the National Academy of Sciences of the United States of America
|March 14, 2012
PubMed
Summary
This summary is machine-generated.

Cap-and-trade programs (CTPs) can influence clean technology innovation. Evidence suggests initial overestimations of compliance costs, leading to allowance banking and reduced inventive activity in some areas.

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Area of Science:

  • Environmental Economics
  • Climate Policy
  • Technological Innovation

Background:

  • Policies incentivizing private sector innovation in clean technologies are crucial for climate stabilization.
  • Cap-and-trade programs (CTPs) are a prominent climate policy instrument.
  • Previous analyses often overestimated the compliance costs of environmental regulations.

Purpose of the Study:

  • To explore the relationship between innovation and cap-and-trade programs (CTPs).
  • To analyze empirical evidence from sulfur dioxide and nitrogen oxide control CTPs.
  • To understand how CTPs affect private sector investment in clean technologies.

Main Methods:

  • Empirical analysis of historical data from established cap-and-trade programs.
  • Examination of allowance prices and trading activity.
  • Assessment of inventive activity in emissions-reducing technologies before and after CTP implementation.

Main Results:

  • Analysts initially overestimated allowance values, indicating a priori overestimation of compliance costs.
  • Lower-than-expected allowance prices led to significant allowance banking and reassessment of abatement strategies.
  • Commercially oriented inventive activity declined for technologies with diverse cost and technical profiles post-CTP establishment.

Conclusions:

  • Observed patterns suggest innovators adjusted research and development investments based on CTP market conditions.
  • The findings have implications for designing effective climate policies that foster sustained innovation.
  • CTPs can impact the trajectory and focus of clean technology development.