Aim is to reduce the price to $1 per litre.
Will they succeed?
why not?
The project expects to use the Geladine variety of seaweed being cultivated in Maluku, East Belitung and Lombok. The intent is to lower the price of biodiesel from about $2 per liter to $1 a liter.
http://www.cleantech.com/news/3820/indonesia-chooses-seaweed-biofuel
Indonesia seems to be zooming ahead of the rest of the world, although the Europeans and the Americans aren't doing too badly either and let's not forget the Brazilians.
biodiesel 1 dollar per litre
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