US Energy Secretary Steven Chu announced Jan. 13 that his department will invest more than $80 million in "advanced biofuels research and fueling infrastructure."
More than half of that money ($44 million) will fund the efforts of the National Alliance for Advanced Biofuels and Bioproducts, a research consortium working to make algal biofuels commercially viable.
And a substantial portion of the remaining $38 million will support the National Advanced Biofuel Consortium, a group focused on making advanced biofuels, algal fuels, for example, compatible with existing refining and distribution infrastructure.
This article is posted courtesy of GreenandSave.
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