Submitted by gpc_admin on Mon, 2010-08-23 20:01
The Green Behind Green Crude
Investors are a tough crowd to cultivate. Yet in the pond that is the biotechnology market, one product seems to be rising to the top like the green sludge it is: algae. Its potential use as biofuel is drawing venture money from places you might not expect. The reason: It could be both environmentally responsible and profitable.
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The oil price rally above $80 a barrel is pinching refining margins and will prompt another round of run cuts in Europe and the United States, where demand for products is lacklustre coming out of the peak season.
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Ceiling fans have many advantages over air conditioners. They are actually more general purpose and useful tools compared to air-conditioners, and of course have energy and cost benefits too.
Thailand will start developing biofuel for jets to meet demand from 2012, when European aviation regulations calling for green fuel in airplanes take effect, says the Alternative Energy Development and Efficiency Department.
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LONDON—Oil futures were a tad higher on the back of a weaker dollar, but prices quickly retreated from highs when European stock indexes moved into the red.
