Australian state government awards $166,000 in bid to jumpstart algae biodiesel industry

In Australia, the Queensland Government awarded $166,000 to James Cook University and MBD Biodiesel towards an algae farm and biodiesel plant in Townsville. MBD said that it would build a 35,000 tonne algae bioreactor facility in 2008, and establish a 900-acre algae farm by 2010 that would support a 250,000 tonne algae biodiesel facility.

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