Millions in Algae Biofuel Research Grants Made Available by UK’s Carbon Trust
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Don’t just take it from me that algae is one of the few feedstocks under consideration for biofuel that can be produced in enough quantity to replace significant amounts of current liquid transport fuel demand: The Carbon Trust thinks so too.The UK-based climate change advocacy organization has just launched the Algae Biofuels Challenge to increase R&D funding for advancing algae-based biofuels to the commercial level.
The Carbon Trust had this to say about the potential of algae:

