This week the Queensland Premier, Anna Bligh, announced $166,000 in government funding for a biodiesel plant and algae farm in Townsville, which would produce about 290 million tonnes of biodiesel by 2010.

zero to 290 million tons in two years !!!... WOW

The Sydney Morning Herald: national, world, business, entertainment, sport and technology news from Australia's leading newspaper.


And for a more reliable news report try -

Algae fuels Townsville tanks | Townsville Bulletin News


Good to see Premier Anna Bligh promoting Biofuel production.

This is great news but as usual News Papers seem to missreport everything.

$166,000 is to try to find an algae suitable for the process. That's a very long way from producing the first litre of algae oil and even further from producing biodiesel.


But at least it is a step in the right direction and good to see someone actually spending on development in this area.

This is the company here.
MBD - Sustainability in Motion

Seems they are not trying to invent it all, but using technology from this mob.
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Bring it on, sooner the better!