http://domesticfuel.com/2009/05/27/doe-rep-to-speak-at-upcoming-algae-assoc-workshop/ Alternative Fuel News Sun, 12 Feb 2012 21:59:32 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://domesticfuel.com/2009/05/27/doe-rep-to-speak-at-upcoming-algae-assoc-workshop/comment-page-1/#comment-113779 Mason Hamilton Thu, 28 May 2009 17:21:30 +0000 http://domesticfuel.com/?p=13157#comment-113779 Once again there is a suspicious absence of all things economic in this meeting. Without some kind of reporting of economic feasibility, algae oil fuel development will continue be viewed as boondoggle living off of government stimulus (dumb money). If serious investors are going to become interested in algae biofuel development - then companies are going to have show the investment community that they are a lot closer to petroleum prices than $18/gal for algae biodiesel - the lowest of the very few production costs I have seen reported to date. Alternative fuel developers in general need to be a lot more transparent with where their economic feasibility actually is at any given point. Once again there is a suspicious absence of all things economic in this meeting. Without some kind of reporting of economic feasibility, algae oil fuel development will continue be viewed as boondoggle living off of government stimulus (dumb money). If serious investors are going to become interested in algae biofuel development – then companies are going to have show the investment community that they are a lot closer to petroleum prices than $18/gal for algae biodiesel – the lowest of the very few production costs I have seen reported to date. Alternative fuel developers in general need to be a lot more transparent with where their economic feasibility actually is at any given point.

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