Certainly not all biofuels companies are targeting renewable chemicals first. Joule Unlimited announced last week a deal to secure 1,200 acres of land in New Mexico to grow a diesel-producing microorganism in its bioreactors. The company said that once at full scale, its process--which does not rely on sugars and fermentation--can make fuel at $20 a barrel or 60 cents a gallon, "including current subsidies."
May 9, 2011 4:00 AM PDT
Photo by: Joule Unlimted
| Caption by: Martin LaMonica
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