Posted by Nathanael Greene in Moving Beyond Oil , Solving Global Warming
So Exxon announced a $600 million investment in algae biofuels today. The company reported profits over $45 billion last year, and this investment will be spread out over 5 or 6 years. Furthermore, half of it will go for in...continued→
Posted by Nathanael Greene in Moving Beyond Oil , Solving Global Warming
Xconomy reported earlier this week that algae feedstock developer, GreenFuel Technologies has secured a $5.5 million dollar bridge loan to carry the company through the end of the year and their next round of financing. Interestingly, the post also quotes the...continued→
Posted by Nathanael Greene in Living Sustainably , Moving Beyond Oil , Solving Global Warming
Well I did say that things would be quiet here at the Switchboard, but I didn't realize how quiet. For my part, I was on vacation and then...how to put this delicately...well let's just say that I took this entry...continued→
Posted by Nathanael Greene in Moving Beyond Oil
This story about an algae growing system being developed by Solix Biofuels and Colorado State is encouraging. It shows that there is at least one other serious entrant into the algae area other than Green Fuels. Algae as a feedstock...continued→
