Breaking the cost barrier on algae-based biofuels
Source : triplepundit.com
Algae-based biofuel has been a hot topic for a few years now. And certainly the potential for incorporating algae as a key feedstock for future biofuel production is massive. But the sobering fact is that we’re at least a good eight to ten years from seeing any kind of real, commercially-ready product … At least at the volumes that could allow for meaningful market penetration. So where does that leave us in the meantime? Algae-based biofuels are often the target of naysayers who prefer to criticize early industry obstacles instead of looking for a way to profit from the developments and technologies that allow us to overcome those obstacles. Fortunes are not made by launching criticisms without solutions. Fortunes are made by those who seek innovation while others hide behind the safety of mediocrity.
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30 June 2010 |
United States & Canada
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