Algae industry faces pitfalls in quest for alternative fuels

11/1/2011 | BiofuelsDigest.com

The Algal Biomass Organization's recent summit in Minneapolis highlighted many of the struggles the industry is facing in finding an identity and securing investors. "It could be that biofuels, [and] renewable chemicals and materials have an overly complicated and wrongly-told story. What investors have been trained to think is that 'green' equals 'higher costs,' is a luxury, requires subsidies, and is currently unaffordable," writes Jim Lane.

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