Algae fuel forecast for the decade 7
Algae biodiesel could soon be at par with oil in terms of price if given adequate tax benefits. The Head of the Algal Biomass Organization predicts that this would happen in the next seven years. The big hurdle for the industry is strain identification. This would not be a problem given the rapid advances in genetic and molecular screening techniques. The industry is mature with 170-strong membership and would soon cross the nascent issues. One more reason to smile for oilgae.
Referhttp://www.reuters.com/article/idUS108599411820101122 Login to Post a Comment