Algae Fuels — From Drops to Gallons

In Australia, Aurora Algae opened its demonstration facility in Karratha, Western Australia, where the Company’s algae-based biomass is being harvested for products in the nutraceutical, pharmaceutical, aquaculture and renewable energy markets. “This would not have been possible with a U.S.-based production facility,” said Greg Bafalis, CEO of Aurora Algae, “where we believe the climatic conditions … Read more

Yes, food is going to be as precious as gold.

World food prices rose to a record in December 2010 on higher sugar, grain and oilseed costs. In the coming decades, there are going to be many more hungry mouths to feed, and as food crop prices rise dramatically, agriculture will become a more lucrative business, encouraging countries to switch economic focus. Kurdistan has the … Read more

The 3.0 Phase of U.S. Biofuels

With projects like Sapphire Energy’s drive to put a huge algae-fuel production facility in the Mexican desert, you’re seeing the first building blocks of world-scale capability for these fuels. Margaret McCormick, the co-founder and CEO of Seattle-based Matrix Genetics said, “I think that microorganisms can solve most of the problems of the world. If you … Read more

Senate Testimony of Oil and Gas Executives on Ending Subsidies

Oil and gas industry executives testified on ending tax breaks for the largest multinational oil and gas companies. Senate Democrats and the Obama administration had proposed ending $21 billion in subsidies for oil companies as a budget deficit reduction measure. The executives said the plan would do little to reduce gas prices and hurt their … Read more

BP says plans to invest in biofuels this year

ST. GALLEN, Switzerland (MarketWatch) — BP PLC’s (BP.LN) plans to invest $1.5 billion in biofuels in 2011 but won’t do so at the expense of food security in the countries where it does invest, Chief Executive Robert Dudley said Friday. “It is our policy…We will not invest in biofuel, in corn-based ethanol, on lands used … Read more

An Alliance for Nutritional Security

DURING the World Food Summit held in Rome ten years ago, representatives of 185 nations and the European community set a goal of cutting the number of hungry people by half by the year 2015. Although some countries have reduced hunger since then, the latest report from the Food and Agricultural Organization shows a setback … Read more

Norway’s REC building solar power plant in Italy

OSLO Feb 3 (Reuters) – Norwegian solar energy firm REC  said on Thursday it is building a 24-megawatt plant in Italy. Construction of the facility in Lazio has already begun and would use 100,000 REC solar modules. “The plant will produce around 37 million kilowatt-hours, equal to the energy consumption of around 14,000 families,” the … Read more