President Obama announced new funding to catalyze breakthrough technologies for two key alternative fuels – natural gas and biofuels. Through its Advanced Research Projects Agency – Energy (ARPA-E), the Energy Department will make $30 million available for a new research competition in the coming months that will engage our country’s brightest scientists, engineers and entrepreneurs to find ways to harness our abundant supplies of domestic natural gas for vehicles. The Department of Energy will also make $14 million available to support research and development into biofuels from algae.
President Obama Announces Funding for Breakthroughs in Natural Gas and Biofuels as Alternative Fuels for Vehicles
By: Smart Grid Network
March 12, 2012
