What is new and interesting is the study’s key findings about the determinants of such patenting activity.
A group of powerful U.S. business leaders has called on the government to sharply increase funding of renewable energy research or risk falling far behind other nations in the race to replace fossil fuels with green technologies. The group, which includes Microsoft co-founder Bill Gates, General Electric CEO Jeffrey Immelt, and venture capitalist John Doerr, said the government should triple spending on energy research and development to $16 billion a year and create a national energy board to oversee investment decisions in renewable energy research.
Does that headline grab you? If not, these numbers should:
If that has not grabbed your attention yet, consider that in January of this year, Continental Airlines completed a test flight using a biofuel mixture, which included fuel derived from algae. The test flight yielded a 1.1 percent increase in fuel efficiency compared to a jet engine using traditional jet fuel.
That isn’t exactly a great leap forward, but achieving incremental increases in fuel efficiency coupled with the latest engine technology, as well as use of new materials in aircraft production, such as the Boeing 787, could signal a dynamic shift for the airline industry.
Seambiotic, a Tel Aviv, Israel-based leader in the development and production of marine microalgae for the nutraceutical and biofuel industries, announced today that its US subsidiary, Seambiotic USA, has entered into an agreement with NASA Glenn Research Center to develop an on-going collaborative R&D program for optimization of open-pond microalgae growth processes.
Under a Space Act Agreement, NASA is partnering with Seambiotic USA to model growth processes for microalgae for use as aviation biofuel feedstock,” said Prof. Ami Ben-Amotz, Chief Scientific Adviser to Seambiotic.