Algae providing renewable fuel source

A new agreement between Finnish firm Neste Oil and RAE from the US is paving the way for the development of sustainable fuel. The two companies have agreed on an algae biomass solution for renewable diesel fuels. This would offer a strong potential as a fuel source as the algae can be produced easily and at comparatively low cost. This second generation biofuel source offers numerous benefits over earlier generation biofuels, which have been sourced from food crops and also linked to riding food prices as well as deforestation in some developing nations.