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Two companies pursuing Algae to Oil technology

Here is a brief mention @ Novak’s Weblog of the two companies that are at the forefront of the algae to oil process

1. GreenFuel Technologies – Cambridge, Mass. based co has garnered $11 million in venture capital funding and is conducting a field trial

2. GreenShift Corp. – Mount Arlington, N.J., technology incubator company, licensed CO2-gobbling algae technology that uses a screen-like algal filter – developed by David Bayless

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