Biodiesel and Ethanol Investing

Earth Times reports that the Algal Biomass Organization praised U.S. President Barack Obama for his support of the U.S. biofuels industry. Of most significance to the algae industry was the U.S. Environmental Protection Agency’s (EPA) finding that algae-based biodiesel and renewable diesel reduce emissions by more than 50% compared to petroleum-based diesel. The EPA determined this through a methodology that includes an analysis of the full lifecycle of algae-based fuels. The revised RFS program will increase the required volumes of renewable fuel to 36 billion gallons by 2022.