Notice

I am working on the template of this blog today in order to chase down some problems that have developed with my template and widgets.

Tuesday, January 22, 2008

Who Needs Oil or Ethanol When You Can Grow Algae?

...PetroSun BioFuels Refining has entered into a joint venture to construct and operate a biodiesel refinery near Coolidge, Arizona. The feedstock for the refinery will be algal oil produced by PetroSun BioFuels at company owned and operated algae farms to be located in Arizona....The refinery will have an annual production capacity of thirty million gallons and will produce 100% renewable biodiesel. PetroSun BioFuels will process the residual algae biomass into ethanol....Petrosun claims that Independent studies have demonstrated that algae is capable of producing in excess of 30 times more oil per acre than corn and soybean crops.

Source: Al Fin

The Free Market will find a way to solve our problems, if only the givernment will get out of the way...

7 comments: