|
|
Article: Running up against oil: alternative fuels a viable contender for investor dollars.(ENERGY)
- Article from:
- San Diego Business Journal
- Article date:
- October 12, 2009
- Author:
CopyrightCOPYRIGHT 2009 CBJ, L.P. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
San Diego is such a heavyweight in biofuel research that a cluster of labs and experimentation sites that cropped up in La Jolla in recent years has taken on the name Biotech Beach.
It's home to dozens of companies collaborating on projects to produce marketable fuel products from sources ranging from corn to algae to cooking oil.
The enterprise appears to have impressive traction in the region, but an overarching question persists: At a time when gas hovers at a relatively low $3 per gallon, is the biofuel industry still thriving, indicating a long-term commitment among investors?
San Diego Gas & Electric puts a bold check in the plus column ...