Green Gold: Algae’s Huge Potential as Biofuel
Biofuels made from algae could soon provide a substantial portion of our transportation fuel needs. That’s because algae have much higher productivity potential than crop-based biofuels. Algae is capable of producing 5,000 gallons of fuel per acre, which could meet perhaps 30%-60% of U.S. oil needs, a chief NASA scientist told a recent World Future Society meeting. Biomass could generate millions of gallons of additional liquid fuel annually by 2020.
The cost of algae oil, once commercialized, has been forecast as low as $20 a barrel. Get all the details including the six leading companies in algae growth, harvesting, and biofuel production. See our new free report, Urgent Warnings, Breakthrough Solutions.