![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Monday, July 20, 2009 6:03:13 PM
Jul 17, 2009 (3 days ago)
Filed under: Biodiesel , Emerging Technologies , Ethanol , Legislation and Policy The DOE is getting ready to spend $85 billion on research to create biofuels made from algae and other advanced techniques. The American Recovery and Reinvestment Act funds will be made available "for the development of algae-based biofuels and advanced, infrastructure-compatible biofuels" that can be brought "to market in an accelerated timeframe." Interestingly, wiht this announcement, the DOE says it is not looking to fund any sort of cellulosic ethanol. Instead, the biofuels that the DOE is hopes to help create include aviation fuel, green gasoline and green diesel. Biofuels made from algae are high on the DOE's funding hitlist, as are bio-based replacements for traditional hydrocarbon fuels. More details are available here . [Source: DOE ] Photo by *higetiger . Licensed under Creative Commons license 2.0 . DOE readies $85 billion for algal and advanced biofuels originally appeared on AutoblogGreen on Fri, 17 Jul 2009 13:29:00 EST. Please see our terms for use of feeds . Read | Permalink | Email this | Comments
Element79 Gold Corp Appoints Warren Levy to Board of Directors • ELMGF • Aug 28, 2024 9:51 AM
Integrated Ventures Announces Strategic Entry Into Health & Wellness Industry with Focus on GLP-1 Products • INTV • Aug 28, 2024 8:30 AM
ELEMENT79 ANNOUNCES UPLISTING TO OTCQB VENTURE MARKET • ELMGF • Aug 26, 2024 10:03 AM
North Bay Resources Announces Gold Assays up to 2.2 Ounces per Ton, Fran Gold Project, British Columbia • NBRI • Aug 26, 2024 10:00 AM
PickleJar Unveils Latest Venue Managed Services Innovations in Upcoming Webinar • PKLE • Aug 23, 2024 1:11 PM
Element79 Gold Corp Provides Update on Nevada Portfolio • ELMGF • Aug 23, 2024 8:00 AM