Big oil eyes algae to solve biofuel problems

Oil giants such as Shell and ExxonMobil are pouring millions of research funding into algae in the hope that the technology can solve environmental problems associated with intensive crop cultivation for biofuels. Raffaello Garofalo, executive director of the European Algae Biomass Association (EABA), outlines the potential and challenges of algae in an interview with EurActiv. With ethanol and biodiesel coming under fire for driving up food prices and putting biodiversity at risk, the EU ...

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