"At the moment, you only have OPEC to buy your fuel from.
That's it, there's no competitor," he said.
"If you develop a clean fuel made of algae, or butanol, then there is a clean alternative."
(Richard Branson, December 17, 2009)
Algae: The New Biofuel
It's renewable, does not affect the food channel and consumes CO2
Oil prices are rising again, and they're going to continue to do so. We're already seeing it at the gas pump. The foreign oil and gas we have depended on for generations has turned into a dangerous addiction. The U.S. holds less than 2 percent of the world's oil reserves, and we now import 60 percent of our oil from foreign sources. The point was recently made that, at current rates of supply and demand, by 2030, 50% of the oil supply would come from OPEC nations.
Both Exxon and Bill Gates recently invested in the new algae biofuel industry. By investing in renewable energy in the United States, we will reduce our dependence on foreign oil, become energy independent and create new green jobs - and algae is one solution that takes care of all three! We need to add the most practical renewable jobs, here in America, so we can replace the oil and gas we import from places like the Middle East and Venezuela with clean, renewable, American power. A nation that doesn't depend on others for a vital commodity is a strong country. And that's what America needs to be.
The National Algae Association is well aware that we will still need a supply of oil and gas as we work toward energy independence, and the petroleum jobs in the United States are going to remain and flourish. But Henry Ford's first car is a far cry from what we are driving today. We know that algae strains, raceway ponds, closed-end loop photobioreactors, harvesting and extraction systems developed and built today will be different 3-5 years from now. We are all in this together, and we all need to work closely together to help the US reduce its dependency on foreign oil, become energy secure and create new green jobs. Algae researchers in the US need to work side-by-side with algae producers. Algae strains, production and equipment have been researched for over 35 years in the US. It is now time to fast-track the commercialization of this industry. So, what are we waiting for?
The NAA is all about Collaboration + Innovation = Commercialization! NAA's mission is focused on fast-tracking commercialization of algae. Supporting the National Algae Association is supporting America's future. Our quarterly conferences are attended by algae producers, equipment manufacturers, researches, and scientists, along with members of the legal, investment and financial communities. NAA's quarterly conferences are not panel discussions looking down at the algae industry from 30,000 feet. We are at ground level - presenting and discussing the technologies, processes and equipment that are currently available or under development. We collaborate and share our efforts to move algae into commercial-sale production.
For additional information contact:
National Algae Association
4747 Research Forest Dr., Suite 180
The Woodlands, Texas 77381
www.nationalalgaeassociation.com
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