Obama touts algal biofuels; $14M in new R&D funding; $2.28 per gallon algal biofuels in sight?

In Washington, the Obama Administration outlined a new $14 million round of R&D grants for algal biofuels, as the US President highlighted algal biofuels in a speech at the University of Miami which focused on energy policy.

Source: BiofuelsDigest, February 27, 2012

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