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[[♪Music playing♪] [The Energy Fixers - Bug Oil] [ecomagination made possible by GE]]
[Two years ago we created a program called Electrofuels,]
[which is—the idea is totally new. ]
[So you take a bug—a non-photosynthetic microbe—a bug,]
[and if you genetically program that, ]
[it can take the feedstock of carbon dioxide on one hand]
[and electricity or hydrogen directly on the other hand,]
[and this bug, if you program it correctly, it will combine them to make oil.]
[People thought this was science fiction that it would never happen.]
[We said, "We'll give it a try."]
[And people actually demonstrated that.]
[So, you can actually make oil from bugs by taking carbon dioxide and hydrogen.]
[Carbon dioxide and hydrogen come from natural gas. ]
[And we are the largest producer of natural gas in the world. ]
[If you could convert natural gas into oil, ]
[It will change the future of transportation.]
[and those industries do not exist today.]
[So, it's an example of how—if we are investing in technology—]
[that if this is successful—we ask the question—if this is successful]
[will it create an industry that does not exist today]
[and lead to economic growth and national security?]
[And that is the kind of idea that we are investing in right now. ]