Yep there has been a few things standing out recently. On algae tecs website http://algaetec.com.au/news-room/ The two recent articles have quite a few gems tucked away in them.
Of note: "Carbon can be sourced from any industrial facility. Stroud estimates that one 1,000mW coal-fired electricity generating plant could provide enough carbon dioxide for an algae farm to produce 1-1/4 million tons of jet fuel a year. Lufthansa, which uses 9 million tons of jet fuel a year, is in discussions with Algae.Tec, says Stroud, as the process is sustainable and does not compete with food resources. The airline insists that production should be in Europe, probably in the south as there is not enough sunshine year-round in Germany to grow the algae continuously."
And: "A veteran of the science and finance sectors, Stroud says that, with funding, algae-based fuels could be supplied in "meaningful" volumes within two-and-a-half years, and at "very significant" levels by 2020.
"We've passed the crawl stage," he says. "Now, we're on our feet.""
Perhaps I'm just eager, but looks like good things are in the work, just hard to point when this will strike and how long (years-decade??) would something like this run.
AEB Price at posting:
30.5¢ Sentiment: LT Buy Disclosure: Held
