Today in Biofuels Opinion: “Four years ago, there were probably only four algae biodiesel companies. Now there are over 50. Many of them are not much better than copycats of GreenFuel.”

Craig Cox, Midwest VP for the Environmental Working Group: “The tirade that House Agriculture Committee Chairman Collin Peterson of Minnesota recently delivered accusing the Environmental Protection Agency of sinking the corn-ethanol industry has many of us in the environmental community scratching our heads. Peterson accused federal officials of being “in bed with the oil companies” because their science-based analysis found that corn ethanol doesn’t reduce greenhouse-gas emissions as much as the industry claims.”

Michael Kanellos, Greentech Media: “Four years ago, there were probably only four algae biodiesel companies. Now there are over 50. Many of them are not much better than copycats of GreenFuel. If GreenFuel can’t get credit to continue operations, others will have similar problems. And, although GreenFuel denies that technology played a role in its demise, the company did have to endure a number of delays and technical glitches. It could grow algae, but not at a rate or in a manner that was optimal for producing oil. Anyone in the bioreactor business suddenly has a lot of new questions to answer.”

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