Algae Oil Fuel Must Be Grown Near User
"Algae Will Be Local": OriginOil CEO to Speak at Algae World Summit in San Diego - Riggs Eckelberry will speak on decentralization of energy production through algae - Los Angeles, CA March 9, 2010 – OriginOil, Inc. (OOIL), the developer of a breakthrough technology to transform algae, the most promising source of renewable oil, into a true competitor to petroleum, has announced that the company’s president and CEO, Riggs Eckelberry, will join a distinguished panel of speakers to kick off the Algae World Summit in San Diego, California, on May 18, 2010. In keeping with the industry’s push to achieve commercial scale, this year’s Summit will focus on the critical phase “From Lab to Scale Up” and will push for collaboration between the many players in algae at all levels. In the discussion, Eckelberry will build on his theme “Algae Will Be Local”. His argument is that industrialized algae requires industrial quantities of CO2. Because CO2 is too expensive to transport