From 2008 to 2018, biofuel revenue is predicted to leap from $34.8 billion to $105.4 billion annually. Major market players have begun to invest significant capital in the sector. Exxon, for example, is investing $600 million in Craig Venter's Synthetic Genomics, a company focused on developing biofuel from algae. Additionally, Boeing successfully tested several bio-jet-fuel blends in late 2008 and early 2009.If you don't happen to be in Santa Monica there will be a webcast and the event will be online afterwards, in case you miss it.
This Forum brings together a panel of biofuel experts to talk about the growth of this sector and its potential for creating a greener economy. They will discuss current energy trends, scientific advances, environmental impacts, regulatory constraints and the challenges and opportunities for investors and businesses.
Monday, August 17, 2009
Forum on Biofuels and Green Energy
Put on by the Milken Institute, Aug 26, 2009. Details here. A bit from their advert:
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