Follow this blog:
RSS

Better odds than the lottery: Find a way to fix the oil spill, get rich

By | June 29, 2010, 11:04 AM PDT

At the TEDxOilSpill conference, The X Prize Foundation announced their new oil spill cleanup challenge. The prize is $10 million. According to Fast Company:

The prize is a testament to the difficulty of stopping the oil spill–similarly large X Prizes have been offered for DNA sequencing technology, fuel-efficient vehicles, and robotic moon missions. No word yet on requirements for winners, but [Francis] Beland is already soliciting suggestions at francis@xprize.org. Details will be announced in the coming weeks.

Many of you have emailed me to tell me about your ideas, which inspired me to create a website dedicated to oil spill coverage — Life With Oil. There’s a form you can fill out to submit your ideas. But you might as well, submit your solutions to the X Prize.

InnoCentive is also taking your ideas, but is not offering money in return.

The oil eating bacteria discovered in an Oregon State University lab looks rather promising. Any word on how Kevin Costner’s machines are doing?

But is no solution best? Acting quickly to fix the problem could have made the problem worse. Scientists are saying that it would have better to leave the oil alone, so bacteria and other natural processes would have time to degrade the oil. Instead, chemical dispersants and other harmful interventions were used by politicians to show that they were doing something. And now we are left with underwater plumes of oil.

One of the recorded talks at the TEDxOilSpill conference explains how the amount of oil that we can’t pick up will eventually undergo natural biodegradation. Watch the full discussion here:

Related on SmartPlanet:

Photo: kk+/ flickr

Start your week smarter with our weekly e-mail newsletter. It's your cheat sheet for good ideas. Get it.

Boonsri Dickinson

About Boonsri Dickinson

Boonsri Dickinson was a contributing editor for SmartPlanet from 2010 to 2012.

Boonsri Dickinson

Boonsri Dickinson

Contributing Editor, Science

Boonsri Dickinson is a freelance journalist based in San Francisco. She has written for Discover, The Huffington Post, Forbes, Nature Biotech, Technewsdaily.com, Techstartups.com and AOL. She's currently a reporter for Business Insider. She holds degrees from the University of Florida and the University of Colorado at Boulder.

Follow her on Twitter.

Boonsri Dickinson

Boonsri Dickinson

In the unlikely event that Boonsri has a professional or financial relationship with a company she writes about, it will be prominently disclosed.

She writes for SmartPlanet and is not an employee of CBS.

If you liked this, don't miss...
5
Comments

Join the conversation!

Follow via:
RSS
0 Votes
+ -
RE: Better odds than the lottery: Find a way to fix the oil spill, get rich
As Boone Pickens pointed out this morning on CNBC, the problem is neither a
"spill" nor a "leak." It's a blow-out, and there's a huge difference.
Posted by jpbrowning
30th Jun 2010
0 Votes
+ -
The best idea I have seen...
.. was from an engineering professor.

She proposed using a giant catheter like device threaded into the leaking pipe which would use hydraulics to inflate a seal around the insertion pipe so that pipe could draw out the leaking oil while blocking the out flow of oil.

She had the methane ice problem solved and everything.

It was proposed on DAY 2 and shot down by BP and the MMS as too RISKY. They were worried about the seal breaking and hydraulic fluid leaking into the Gulf.

STUPID??

What the heck were they thinking?
Posted by Hates Idiots
1st Jul 2010
0 Votes
+ -
VERY late response, but...
In THIS instance, I can see BPs point. To get a seal, the surface of the seal would have to be exposed during the entire insertion process, AND the insertion would have to be complete -- the seal could NOT be "inflated" if any of it were NOT encased by the pipe it was inserted into -- AND the rubber seal could presumably be torn by the torn, rough edges of the broken pipe.

These problems might be solved by simple redundant design: multiple redundant seal systems along the insertion pipe. If one or two are ruptured, then the others may not be.
Posted by Lightning Joe
15th Jul
0 Votes
+ -
Hates Idiots: What were they thinking?
Given that the company an industry have worked tirelessly to avoid being inspected or following any safety regulations, I'd guess that they were thinking two things: 1) We didn't come up with it. 2) If we ignore it all, the people pestering us, the real problem, will go away.

I sill say that the odds aren't relevant, since this contest isn't a random drawing, but you actually have to have a plan with a chance of success.

You'd have thought that after decades of major spills, someone would have been spending time researching how to accelerate the natural processes which decompose oil.

Bacterial solutions are promising --and a bit scary, since our entire civilization is currently held together by hydrocarbon bonds. How good an idea is it to widely disperse organisms with very short generations which already like to eat the stuff that be build out of...?

On the plus side, a large enough oil slick might greatly reduce the hurricane season's ferocity.

And hurricane seas could bring the stuff ashore and into the cities, where it would be easier to clean up.
Posted by wizoddg
1st Jul 2010
0 Votes
+ -
The Gusher: Initial Response & One Remediation Suggestion
Even I had called it a gusher from the onset. Many fail to use the appropraite words for matters these days, some for lack of understanding while others intend to deceive.
The initial response, if there really was one other than to minimize the severity, was to try capping the gusher. Instead they should have, as the present actions show, divert as much as possible.
I have provided a suggestion that should remediate surface and some shallow contamination. Some of the tech is readily available, portable, may be configured at various volumes, and considers sensitive environmental areas to safely handle inhabitants.
Posted by donnydo77@...
1st Jul 2010
Join the conversation
Formatting +
BB Codes - Note: HTML is not supported in forums
  • [b] Bold [/b]
  • [i] Italic [/i]
  • [u] Underline [/u]
  • [s] Strikethrough [/s]
  • [q] "Quote" [/q]
  • [ol][*] 1. Ordered List [/ol]
  • [ul][*] · Unordered List [/ul]
  • [pre] Preformat [/pre]
  • [quote] "Blockquote" [/quote]

Join the SmartPlanet community and join the conversation! Signing up is fast and free. Don't wait -- we want to hear your opinion!