Graeme
Fission
Joined: Mar 04, 2005
Posts: 2729
Location: New Zealand
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 Posted: Mon Aug 04, 2008 11:17 pm Post subject: Finnish oil company provides major grant to make bio-fuel |
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Finnish oil company provides major grant to make bio-fuel from algae
| Quote: | A Massey research project to commercially develop sustainable, carbon-neutral biofuel from slimy green algae to ultimately replace petrol-based fuels has received a funding boost from a Finnish oil refining company.
Professor Yusuf Chisti, a biochemical engineer based in Palmerston North, has for the past 12 years been developing technology to produce commercial quantities of micro-algal biomass to make various products, including algal bio-diesel – a revolutionary alternative to existing fossil fuel alternatives.
Neste Oil Corporation, a major oil refiner in Finland, has just agreed to pour $850,000 into Professor Chisti’s research because of environmental concerns relating to using petroleum. |
massey
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Human history becomes more and more a race between education and catastrophe. H. G. Wells.
Fatih Birol's motto: leave oil before it leaves us. |
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