recalling a Gates investment, I did a search on Bill Gates invests algae and came up with an article dated 2008 about Sapphire Energy that Gates invested heavily in. They were supposed to have made gasoline from algae by 2011, projecting a whopping 10,000 barrels a day. I’d guess they’re still trying. but 10K/day doesn’t sound like a whole lot of anything.
“A 2009 Los Angeles Times profile of company CEO Jason Pyle said Sapphire hopes to produce 1 million US gallons (3,800 m 3 ) of algae diesel and jet fuel each year in the next two years and 1 billion US gallons (3,800,000 m 3 ) of fuel a year by 2025. [9] More recently, however, in aanuary 2011 interview Pyle avoids stating precise production goals and advises to “never quantify productivity in terms of gallons per acre per year.”
http://en.m.wikipedia.org/wiki/Sapphire_Energy
A million gallons per year by 2011. Gee, I wonder what happened.