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Algae.Tec to form JV in China for algae for renewable transportation fuels and carbon capture facility; raising A$5M

Green Car Congress

The facility will be purely focused on algae for the production of transport fuels. The facility will produce approximately 33 million liters of algae-derived transport oil and approximately 33,000 tonnes of biomass per annum at a combined value of more than $40 million, and capture 137,000 tonnes of waste carbon dioxide, according to Algae.Tec Executive Chairman, Roger Stroud. Algae.Tec Ltd.

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Ford 2017 trends report: disruption the status quo, “never more difficult” to find objective information

Green Car Congress

As an introduction, Ford notes that at the cusp of what is shaping up to be one of the most—if not the most—dynamic time in the transportation business, consumers are at a crossroads. In an on-demand world, patience has become less of a virtue; there now are more ways to rationalize how we spend our time—rather than declaring it “wasted”. Sri Lanka, São Paulo and the US were devastated by floods this year.

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