The day when planes, trucks and cars are commonly revved up on pond scum may be on the near horizon thanks to a technological advance that continuously turns a stream of concentrated algae into bio-crude oil. From green goo to crude takes less than an hour.
Construction at POET-DSM Advanced Biofuels’ Project LIBERTY is on schedule for an early 2014 startup, with a crew of approximately 300 workers on site daily, a POET-DSM executive said today in Chicago.
Hyundai and Kia said Monday they have reached a settlement in class-action litigation over inflating the fuel economy claims for their vehicles.
Venezuela devalued its currency bolivar by 44% yesterday. Tourists can buy bolivars at 11.3 per dollar compared with the official 6.3 per dollar for most other transactions.
