Community | December 15, 2011 | 1 comment

Article: ALGAE FUEL FIRMS FACE MOMENT OF TRUTH

SUMMARY: "Algae fuel is based on technologies which seek to use algae or bacteria to produce fuels by combining light, carbon dioxide, water and nutrients through photosynthesis. It is a dream which has arisen every time the oil price has spiked. [...] That sort of logic, and laboratory experiments backing it up, saw a rash of start-ups around the world - and especially in the US - seeking venture capital funding based on promises of limitless, cheap, clean fuel. But none has yet succeeded in producing fuel commercially and at scale. Instead, many firms have shut down."
  1. groups:
    Community
  2. tags:
    Oil Fuel Experimental Bacteria 2 more
  3.     
    |

1 comment // Article: ALGAE FUEL FIRMS FACE MOMENT OF TRUTH

frankpatton
more from Community:

top videos