Thursday, July 23, 2009

Fast Food

Automotive Science Goes Agricultural:



Energy giant ExxonMobil has gotten into the act, too. They committed $600 million to a plan to make biofuel from algae in partnership with Synthetic Genomics, founded by J. Craig Venter, the man behind the project to map the human genome.

But the trend isn't industry wide... BP, which sought to cast itself as looking "Beyond Petroleum," isn't on the bus. Despite the multimillion dollar ad campaign for British Petroleum, which spent the past several years touting its alternative energy plans, London's Financial Times reports the oil giant is trimming back its alternative fuels division.

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