US Government Funded Consortium to Try Overcome Algae Fuel Obstacles
Despite the hundreds of millions of dollars invested in companies aiming to power the world with pond scum, algae seems to perpetually be the fuel of the future. Now a government-funded consortium hopes to jump-start commercialization of the low-carbon fuel by developing new strains of algae that grow faster as well as creating better technology to process algae into fuel.
The United States Department of Energy has granted $44 million to the consortium, called the National Alliance for Advanced Biofuels and Bioproducts, which also has received $16 million from industry and university groups. Members include 40 universities and research institutions, and the consortium’s work is intended to spur new companies and bolster existing algae fuel makers, such as Sapphire Energy and Solazyme.
More on this from this article at Takepart
