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Sunday, February 26, 2012

Algae: Obama's Alternative to Fossil Fuels

Yesterday we talked a little bit about President Obama’s energy speech from a “drilling for more oil is not a strategy that will solve our energy challenge” perspective, but we didn’t much cover Obama’s plans for an alternate source that would replace fossil fuels and effectively address that energy challenge.





In that same speech yesterday, Obama provided a glimpse into one possible “green” energy future: algae:



“We’re making new investments in the development of gasoline and diesel and jet fuel that’s actually made from a plant-like substance — algae,” the president said at a campaign stop in Florida. “You’ve got a bunch of algae out here, right? If we can figure out how to make energy out of that, we’ll be doing all right.”

Obama said the nation could replace up to 17 percent of the oil it imports for transportation with “this fuel that we can grow right here in the United States. And that means greater energy security. That means lower costs. It means more jobs. It means a stronger economy.”

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