Image: Algae as biomass for biofuel are become more attractive to investors and developers.From CNN:
(CNN) -- ExxonMobil is teaming up with the biotech research company run by genomics pioneer Craig Venter to produce algae-based biofuels.
The world's second largest company announced on Tuesday that it will invest at least $300 million in biotechnology research with Venter's Synthetic Genomics Inc to help develop biofuels made from algae, as it looks to diversify its energy portfolio.
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