Exxon investing in Algae

A couple of days ago we posted an article on Broken Beaker about algae possibly being an alternative source for jet fuel. Well apparently, Exxon Mobil thinks that algae derived Bio fuels could be a thing of the future, because today they announced they have $300 million dollar deal with Synthetic Genomics. What does Synthetic Genomics do? Their goal is to start looking for a genetically modified species of algae that will be able to produce commercially viable quantities of fuel. Whenever Exxon Mobil throws money at a "green energy alternative", that's a big deal. Read the article here! [Link]

High-Altitude Wind Farms set to take off?

According to a new study which mapped out wind "hot spots", Tokyo, NYC, and Sydney could be the sites of some new high-altitude wind power generators. More and more buzz is surrounding the whole "High altitude wind farm" idea as more and more articles are being published about it. Does High altitude wind power have a chance? Is there a real business opportunity here, or is high-altitude wind power just a lot of eco-driven hype? [Article]