Exxon Mobile, normally opposed to spearheading the research efforts on renewable energy methods recently invested 600 million on R&D for algae-based biofuels. Exxon Mobile is collaborating with the company "Synthetic Genomics" (http://www.syntheticgenomics.com/) and the research is likely to continue for a period of five - six years. This is exciting, and I look forward to learning about the new developments.
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