Algae have great potential as a sustainable feedstock for production of diesel-type fuels with a very small CO2 footprint. ... This demonstration will be an important test of the technology and, critically, of commercial viability.
Sweeney denies this is all a publicity stunt but they are smart to invest in biofuels from marine algae. The economic viability of the process has to be proven but algae is the most promising non-food source of biofuels, providing 15 times the yield of rape seed, and using the ocean would mean farmland that could grow food would not be a part of the biofuel equation. It's really too bad Shell is a giant oil company. I wonder if anyone will ever take news like this from oil companies seriously?
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