Forecast: Algae-Based Biofuels Production to Reach 61M Gallons per Year by 2020
Green Car Congress
OCTOBER 27, 2010
Latin America and Asia Pacific, which are home to fewer projects in operation today, are set to gain significant market share in the long run. Both regions will benefit from rapidly expanding biofuels markets, ample land and water resources, and cheap labor, Pike suggests. Algae’s ultimate threat is over-hype.
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