Business Wire and the Wall Street Journal are reporting and commenting on Exxon committing $600 million to Craig Ventor’s Synthetic Genomics to brew fuel from algae.  Its a watershed mark for alternative fuels and could mark a coming of age for alternative fuels.  Exxon is known in the industry as the top engineering skilled company and their move is very significant, not just for the amount of money, but the credibility of their commitments.

We’ll have another look when some sources reply.  Some comments might include details, so keep an eye out.


7 Comments so far

  1. Anonymous on July 14, 2009 11:57 AM

    Yeah, that is Craig Venter’s company.

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