ABO’s Summer of Algae 2014 celebrates successes in Washington, across the US

July 21, 2014 |

In Washington, ABO has announced several successes in its Summer of Algae 2014 push.

Sapphire Energy has announced a partnership with Sinopec in China to develop algae-derived fuels in one of the world’s fastest growing economies. This international announcement came on the heels of new from two more ABO members: Cellana inked a partnership with Galil Algae in Israel, and Heliae announced a partnership to build a facility in Japan.

In the United States, the Summer of Algae kicked into high gear with a briefing early this week in Washington DC, hosted by the Congressional Algae Caucus. The co-chairs of the caucus, Representative Scott Peters (D-CA) and Representative Matt Salmon (R-AZ), welcomed a packed briefing room to hear about the potential for algae to be a source of fuel, food and so many other products.

Just after the Caucus briefing another major conclusion about the economic growth the algae industry can bring was unveiled in San Diego, home of this year’s Algae Biomass Summit (Sept 29-Oct 2).

The San Diego Association of Governments (SANDAG) announced research that found the direct, indirect, and induced economic impact of the algae biotechnology research and manufacturing industry generates a total of approximately 1,020 total jobs, $80 million in wages, and over $175 million of economic output to the San Diego region.

 

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Category: Policy

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