March 15, 2009
The omnibus appropriations bill President Obama signed into law last week contained $951,000 for the Sapphire Energy Algae to Fuel Demonstration Project.
Sapphire Energy Algae to Fuel Demonstration Project - $951,000
This funding establishes a demonstration project in Portales, New Mexico, to create and grow a fuel-producing algae using technology that genetically enhances algal organisms. It is estimated that 100 local jobs will be created from this funding and could help in significantly reducing our nation’s dependence on fossil fuels.
Source : Senator Tom Udall Press Release