The US Energy Department have invested $18 million into 2030 new algae bio fuel projects with the aim to bring the cost of algae down to $3 by six helping liquid fuel-friendly cars such as the Chevy Volt. Partners include research from Duke University's MAGIC (Marine Algae Industrialization Consortium) program and Cellena, a leading developer of algae-based bio products.
The US Energy Department have invested $18 million into six new algae bio fuel projects with the aim to bring the cost of algae down to $3 by 2030 helping liquid fuel-friendly cars such as the Chevy Volt. Partners include research from Duke University's MAGIC (Marine Algae Industrialization Consortium) program and Cellena, a leading developer of algae-based bio products.