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  • ExxonMobil (XOM) says its $600M foray into creating motor fuels from algae may not succeed for at least another 25 years because of technical hurdles. Scientists have not yet been able to develop a strain of algae that reproduces quickly enough and behaves in a manner that would produce enough raw material to supply a refinery. [View news story]
    Solazyme is using algae in fermenters (in the dark) converting sugars to oils. The cost of sugar is a problem. Exxon is growing algae in sunlight using its energy to convert CO2 to oils, not the same technology. Not a good comparison.
    Mar 10, 2013. 10:37 AM | Likes Like |Link to Comment
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