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Maps of 20 Algae companies and 25 research institutions

4/18/2010

3 Comments

 
I have made two new maps to add to the resources here at Algae U.

Right now, there are 20 algae companies on the industry map, and 25 algae research institutions.

I have made the algae maps public in hopes that people within the algae community will add to them and continually improve them. Thank you for your help!


Map of algae biofuel companies

The Industry you see map below has 20 companies that are working on various aspects of algae biofuel (strain development, harvesting, etc). 

View Algae biofuel companies in a larger map

Map of algae research

The academic page also now has 25 universities and research institutions that are  working on algae research.

View Algae research at Universities and National labs in a larger map
3 Comments

Equal treatment of algae in the biofuels tax code

4/16/2010

1 Comment

 
In a recent story from BIO (Biotechnology Industry Organization) they discussed equal treatment for algae in the biofuels tax code.

Federal lawmakers did not foresee how soon algae-based biofuels would become a reality when granting tax incentives to other advanced biofuels businesses. Incentives reduce the risk for would-be investors, which is problematic at a time when so many algae-based startups are ready to launch commercial facilities, says Brent Erickson, executive vice president for BIO’s Industrial and Environmental Section.


A number of those demonstration sites are shown below.

Existing and planned algae production projects


View Existing and Planned Algae Production Projects in a larger map
The story points out an important reality.

Because algal biofuel developers do not qualify for existing tax incentives, it’s extremely difficult to attract investors and thus create jobs and reduce carbon emissions, Erickson says.


“Fixing this discrepancy and granting algae-based biofuels tax treatment similar to other advanced biofuels can open the way to greater job creation and economic growth,” he says.


There have been several large investments from the private sector in the last few years in order to reduce risk in algae based biofuel. Several of the companies that have been funded can be found on the industry page.  I can’t think of any reason not to offer the same treatment of biofuels tax code to algae, and I hope that those people in the position to make the final decision see it the same way.

Science and technology will always move faster than policy.

1 Comment

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