US DoE funds pond potential
The Department has announced $85
million (€60 million) in funding for the development of algae-based biofuels and advanced, infrastructure-compatible biofuels.
The funding comes as part of the funds released from the American Recovery and Reinvestment Act.
The goal of the monies is to bring together a group of leading algae and advanced biofuels scientists and engineers from both universities and private industry in an attempt to bring new technologies and fuels to market in an accelerated time frame.