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Algae News: July '09 - Exxon Sinks $600 M Into Algae-based Biofuels,
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Exxon Sinks $600 M Into Algae-based Biofuels in Major Strategy-Shift
nytimes.com

...Exxon is joining a biotech company, Synthetic Genomics Inc., to research and develop next-generation biofuels produced from sunlight, water and waste carbon dioxide by photosynthetic pond scum...

..."We're not claiming to know all the answers," said Craig Venter, founder and CEO of Synthetic Genomics, which has so far done early work on algae strains. "There are different approaches to what is truly economically scalable, so we're testing things and giving a new reality to the timelines and expectations of what it takes to have a global impact on fuel supply."...

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Sponsors    Biodiesel and SVO Forums Home    Forums  Hop To Forum Categories  Algae  Hop To Forums  Non-biodiesel uses for Algae    Algae News: July '09 - Exxon Sinks $600 M Into Algae-based Biofuels,

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