Enter the Biofuel Revolution. Biofuel is any fuel produced from biomass, or organic material. With recent gas price hikes and the number of SUVs and inefficient fuel-burning vehicles on the road today, the issue of biofuel production is once again at the forefront. Some recent biofuels, such as ethanol, have met with limited success: Yes, ethanol waste is mostly water and ethanol is cheap. Energy investors today are putting efforts into a new solution: algae based biofuel production. Algae use sunlight, ocean and wastewater to grow, and produce oil that is then harvested. That statistic is astounding: algae based biofuel production would use less than one-seventh of the land dedicated in the US to corn production, and would produce up to 100 times more energy per square mile. Best of all, algae don't require high-quality soil, so farms producing algae could use land unsuitable for food crops.
With the discovery of clean algae based biofuel production, what is holding back the market? Good news for green energy.
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