Big Oil Firms Touted Algae as Climate Solution. Now All Have Pulled Funding
DeSmogBlog
MARCH 23, 2023
Even so, every algae researcher who spoke to the Guardian said a real effort to commercialize biofuels, algal or otherwise, requires several billion dollars, and a long-term dedication to overcoming seemingly fundamental biological limitations of wild organisms. And no oil company was willing to go that far.
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