One year after President Obama was mocked for including algae in his "all-of-the-above" energy strategy, his Energy Department is pressing ahead with efforts to turn algae into fuel. On Thursday, the department announced "up to $10 million to help unlock the potential of biofuels made from algae." The money will go to research projects aimed at making algae cultivation systems more productive (getting more of it per acre); and developing energy-efficient and low-cost algae harvesting and processing technologies. The Energy Department hopes the new technologies will speed commercialization of domestically-produced, cost-competitive biofuels from algae. To Read More.....
My Take – It still comes down to this. Just what are the chemical components in algae that will become the combustible component as an energy source; at what volume per pound of algae; how much will it cost to convert it into energy; will this technology be capable of competing without subsidies or tax breaks and just how much algae is there available? I believe this will fall by the way side just as cellulosic ethanol has and all the other voodoo greenie solutions.
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