For algae biofuels, it’s all about patience
Will your car – or mine, or any vehicle – be powered one day by algae ? Despite this solution being a great one compared to more traditional biofuels, we will have to be (really) patient as GigaOM notes :
” In 2010, Pike Research predicted that by 2020, the algae biofuel industry would only likely be able to produce about 61 million gallons per year globally. “ This is to be compared with the millions of barrels of oil consumed every single day…
If you are discouraged by this fact, please note that research is being carried out more and more frantically. Indeed, no other than the famous NASA has joined the bandwagon.