Rhrosty, perhaps you should consider the fact Exxon Mobil have recently announced they are discontinuing its algae biofuels program.

Exxon Mobil invested more than $100 million to develop algae-derived biofuels and after almost four years of work failed to produce economically viable results.

Exxon, the world’s biggest maker of gasoline and diesel realised there are too many problems to deliver scalable algae-based biofuels.

Exxon began the program in 2009 and said it would invest $600 million to develop fuels within a decade. It has already spent more than $100 million, and failed.

A company spokesman stated “simple modifications of natural algae would not provide a level of performance that we believe would be economical or viable for a commercial solution.”

It does not bode well or as simply as you purport it would seem.

Geoff