Thursday, June 18, 2009

Algae Biofuels

WASHINGTON, PRNewswire/ -- Leaders of the algae biofuel industry met on June 11th on Capitol Hill to brief congressional legislators on sector-wide technology and production advancements allowing for commercially-viable fuels, and advocate for continued federal support to help see the technology to maturity.

Algae-based biofuel has captured widespread interest for its ability to deliver significantly higher yields than plant-based technologies, recycle CO2 directly from industrial sources and not compete with agricultural land or water supply. To better inform legislators in setting a Renewable Fuel Standard, Tax Code and Recovery Act funding inclusive of such promising technologies, executives from leading algae biofuel companies Aurora Biofuels, LiveFuels, and Solix Biofuels - together with representation from the Biotechnology Industry Organization - will gather in Washington D.C. to provide government representatives with contextual information relevant to this rising interest in algae fuel generation.

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