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Algae to Biodiesel Firm in Jenkins - A Bit of Mystery
After being awarded a conditional $1 million state grant, a New York company with aims of refining biodiesel from algae in Jenkins Township remains shrouded in mystery.
Recently, the govt announced $10 million in grants to 24 projects in an effort to reduce the state’s dependence on foreign oil and develop clean-burning sources of energy. Binghamton-based Alternative Fuels Inc.’s slice of the funding is contingent on its production of 20 million gallons of biodiesel by the end of 2008 at the former Techneglas plant...According to the grant application Alternative Fuels filed with DEP, its facility will refine 50 million gallons of biodiesel from algae every year at a cost of 40 cents per gallon.
Read the full report on this here
Nature gave us oil from algae; perhaps we should try Nature's way again
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