Nov 16, 2007

THE SLIME HAS POTENTIAL

The venture Capitalists from all over the world especially in the United States are taking interest in investing in the eco-friendly renewable sources of energy which they hope will reduce the burden or even may tekeover someday from the conventional source of energies existing today. this article published in the New York Times takes a look at the efforts of one such pair of Venture capitalists formed by Lissa Morgenthaler-Jones and her husband David Jones. they have claimed that within 3 years they will be able to produce some amount of bio-fuel from the algae and have even procured a catfish farm to this end. With more and more venture Capitalist moving into this area of alternative fuel it is believed that this field is, or in a near enough time will be, receiving the same impetus that was once given by the gruop of venture capitalists who invested in the development of the INTERNET in the mid 90's will has lead to a dot com boom in the following years.
this link is the actual article published in the NY times. Read the whole article here

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