The headlines are wreaking of investments in algae – yes that
yukky stuff that can actually be very toxic to sea life.
Wouldn’t you know, the Swamp Thing is poised to have big value.
According to an article by ScienceDaily “Algae are tiny
biological factories that use photosynthesis to transform carbon
dioxide and sunlight into energy so efficiently that they can
double their weight several times a day. As part of the
photosynthesis process algae produce oil and can generate 15
times more oil per acre than other plants used for biofuels,
such as corn and switchgrass. Algae can grow in salt water,
freshwater or even contaminated water, at sea or in ponds, and
on land not suitable for food production.” This oil can be used
for gas, diesel, and jet fuels. Algae biofuel is also compatible
with existing engines, existing storage, distribution, and
delivery infrastructure. However the most important aspect is
that algae-based biofuels have a low carbon footprint as they do
not require the use of forests or large ar