Brazil Sets Aside US$ 2.8 Million to Fund Research in Algae Biofuel

Biofuel from algae in Brazil The Brazilian government is eager to fund the development of seaweed-based biodiesel production, Brazil intends to allocate 4.5 million Brazilian reais (about US$ 2.8 million) in non-refundable credits to research projects exploring the use of aquaculture or micro-algae products in biodiesel production.

According to a decree signed by the Ministries of Environment, and Science and Technology, research centers interested in the field of study have until September 25 to present their proposals to the National Council of Scientific and Technological Development.

The Brazilian government is willing to finance projects based on the following:

* The development of low-cost micro-algae farming techniques that may be used in oil production as a raw material for biodiesel production;

* Studies assessing the potential of different micro-algae types;

* Studies on the economic feasibility of farmed micro algae processes for biodiesel production;

* Research of cost-effective and efficient micro-algae collection and subsequent oil extraction processes.

The selected projects will be announced in October and financing will be released for the projects in December.

Brazil already obtains bio-diesel from oil-producing plants such as castor, sunflower, soy, and palm and is a world leader in ethanol from sugar cane.

The government managed oil and gas corporation Petrobras recently inaugurated the first of its three vegetable fuel processing industrial plants.

The Brazilian Government intends to incorporate new raw materials, such as seaweed, that today already function as an experimental source for biodiesel production in various countries including the United States, Japan, and Argentina.

The State of Rio Grande do Norte Agricultural Research Company (EMPARN) to the northeast of the country is already developing large-scale seaweed-based biodiesel production techniques. According to company studies, seaweed's bio-fuel production capacity is 25 times that of any other vegetable. (FIS)

Tags:

Ads

You May Also Like

Greenpeace Wants Brazil Leading by Example in Environmental Issues

The environmental movements hope that Brazil will assume a leadership position in the discussion ...

Brazilian Doctor Gets US$ 1 Million Award in US for Work with Kids

Brazilian Zilda Arns Neumann, a pediatrician who founded and leads Pastoral da Criança (the ...

Brazil Worried US Is After Its Oil and the Amazon

The imminent agreement between the United States and Colombia over the use of seven ...

Brazil Sends 3 Ministers, Pelí© and Paulo Coelho to Davos

The World Economic Forum got started today in Davos, Switzerland. The theme of this ...

Brazil’s Giant NovAmí©rica Now Makes Sugar Under Muslim Inspection

One of the main players in the Brazilian sugar market, NovAmérica, announced that it ...

Brazil Betting Tight Credit Is Ending

Brazilian and Latin American markets moved higher on the day, regaining ground lost in ...

Disturbing Handcuffs Threaten Brazilian Media

As photos, the sequence is nearly run of the mill. A person in handcuffs ...

US farm

Brazil, US and Co. Intransigence Delays Doha Accord to 2008 or Later

According to a UN expert, the Doha Rounds, the global trade agreement that is ...

Brazilian presidentiables Geraldo Alckmin and José Serra

Brazilian Elections: Alckmin the Hare Takes on Serra the Tortoise

The contest to see who will be the next President of Brazil has already ...

Brazilian President Improves His Chances of Reelection

President Luiz Inácio Lula da Silva maintains an edge over his rivals in the ...