Is Algae Fuel Even Possible?
Obama says that we can replace 17% of our petroleum with algae fuel. To accomplish this, we would have to find three times as much water as we now use in all irrigated agriculture and devote 5.5% of all the land space in the lower 48 states.
The Obama Administration has already sunk $25 million into a Florida company—Alganol Biofuels—that is building an algae biorefinery using a patented technology that promises to streamline the process of extracting oils from algae so they be converted to ethanol.
In remarks at the University of Miami, Obama highlighted two domestic energy sources more than any other—natural gas and algae. After the speech, the Administration announced $30 million in grants to develop natural gas as a vehicle fuel, $14 million for algae.
“We’re making new investments in the development of gasoline and diesel and jet fuel that’s actually made from a plant-like substance — algae,” Obama said in Miami. ” You’ve got a bunch of algae out here, right? If we can figure out how to make energy out of that, we’ll be doing all right.”
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