
NAABB, led by the Donald Danforth Plant Science Center based in St. Louis, MO, will get $44m to develop and demonstrate algae-based biofuels and bioproducts technology and its commercial viability. If the government and big oil/chemical companies (such as Exxon and Dow Chemical) are willing to invest in algae development, algae doubters might have to rethink their strategies this year after all...