Arizona designates USD 2m for R&D of algae buefuels
(ADPnews) - Oct 1, 2010 - The southern state of Arizona is handing out USD 2 million (EUR 1.5m) for research and development (R&D) of algae-based clean transportation fuels.
The news was announced by the state governor Jan Brewer during the Algal Biomass Organisation's national conference hosted in Phoenix this week. According to Brewer, Arizona has the potential to be a national and global leader in algae research and biotechnology, lowering America's dependence on fossil fuel and creating new jobs in a new industry.
The support will be paid out via the State Fiscal Stabilisation Fund.
The governor addressed also Science Foundation Arizona to lead the state effort in support of a new Arizona Centre for Algae Technologies and Innovations (AzCATI).
"Science Foundation Arizona funded early state work in algal research; now combined with excellence at ASU, our state will build on this important research and commercialization opportunity", the governor said.