Linc Energy, BioCleanCoal Work on Algae CO2 Sequestration from Power Plants

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This is an old news, but I wish to know whether these companies have been able to make much progress on the algae based co2 remediation.

The Nov 2007 news item says,

"Two Australian firms, Linc Energy and BioCleanCoal, have partnered together in a joint venture to sequester carbon dioxide emissions from Australian coal-fired power stations to use as fuel or fertiliser, even re-burning it to produce additional energy.

The companies will spend $1 million to build a prototype reactor in Chinchilla, which will use the carbon dioxide emissions from the power plant to grow algae, which can then be dried and turned into biodiesel at low energy costs.

Hamish Macdonald, a company director of BioCleanCoal, says that the process can easily remove 90 per cent of carbon dioxide from the plant’s emissions, with 100 per cent removal possible but unlikely due to the increased costs."

Any idea on their progress in the last one year?

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