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Really Green Fuel: The EPA Opens the Door to Algae

Russell Gold , Wall Street Journal Blogs

Forget the summer of love. This is truly turning into the summer of algae.

More advanced than it appears.The renewable energy and law blog of Stoel Rives LLP, a big law firm in the western U.S, reports that the Environmental Protection Agency will count algae as an advanced biofuel under Renewable Fuel Standard rules being developed. The EPA is said to be encouraged by recent interest in algae by heavyweights such as Exxon Mobil and Dow Chemical.

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Algae blooms into promising biofuel

Rob Lever , World Business Council for Sustainable Development

California-based alternative fuel company Sapphire Energy is already producing gasoline from algae that meets current standards and expects to produce by 2011 one million gallons (3.8 million liters) of biodiesel and jet fuel per year.

“Fuel from algae is not just a laboratory experiment or something to speculate on for years to come,” said Sapphire vice president Brian Goodall.

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ExxonMobil to invest up to $600 million in algal fuels R&D; partnership with Synthetic Genomics; biggest biofuels investment to date

Jim Lane , Biofuels Digest

What does this bode for other high-profile algae-to-energy companies?

“We think it’s good for algae, and good for us,” said Tim Zenk, VP of Corporate Affairs for Sapphire Energy. “The research collaboration announced today sends a loud and clear message that drop-in-replacement liquid transportation fuel produced from algae, above all other biologic choices, is the most viable option to replace crude oil.

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CHEAT SHEET: Heavy Hitters in Algae Fuel Deals

Josie Garthwaite, The New York Times

The race to bring pond scum to fuel tanks has acquired high stakes in recent years, with venture capitalists, federal agencies and legacy oil companies pouring millions of dollars into the technology. Today ExxonMobil and startup Synthetic Genomics announced one of the biggest deals yet: more than $600 million for a 5-6-year algae biofuels development program, including more than $300 million to be invested into the startup.

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Exxon Sinks $600M Into Algae-Based Biofuels in Major Strategy Shift

Katie Howell , The New York Times

Exxon is joining a biotech company, Synthetic Genomics Inc., to research and develop next-generation biofuels produced from sunlight, water and waste carbon dioxide by photosynthetic pond scum.

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Who’s Your Daddy?: A Special Report on key biofuels investors and investments

Jim Lane , Biofuels Digest

In Florida, Biofuels Digest released its list of current investors backing the Hottest 20 Companies in Bioenergy.
 

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Biotech: Networking 2.0 could be a silver lining

Mary Canady , San Diego News Network

A notable and recent example of the important influence of academia is the influence of local researchers in forming the San Diego Center for Algae Biotechnology, which aims to turn San Diego into the ‘Houston of algae fuel production.’
 

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California’s Green Dream

Agnès Sinai , Le Monde diplomatique

America is waking up to the reality of peak oil and climate change. In California there are very different responses to the crisis: some pin their hopes on new technology, while others advocate a radical change of lifestyle.

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Algae Movers and Shakers: Sapphire Energy

Jim Lane , Biofuels Digest

Sapphire gained instant attention when it raised a stunning $100 million, and participated in the initial algae-based jet test with Continental last December. The combination were factors in propelling Sapphire to a #2 ranking in last December’s 50 Hottest Companies in Bioenergy list.

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Algae Fuel Startup Solix Ups Funds to Start Production, Eyes Asia

Josie Garthwaite, earth2tech

Algenol Biofuels, with its just-announced plans to build an algae fuel demo plant in partnership with Dow Chemical, isn’t the only startup taking the demise of a well-funded algae fuel company — GreenFuel Technologies — in stride.

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