By Ofri Ilan, Haaretz Correspondent
The dramatic increase in the price of fuel in recent years has succeeded where many environmental groups have failed: It convinced many firms around the world to seek alternative sources of energy. One of the cheapest alternatives, already commercially available, is the production of fuel from a variety of agricultural produce, mostly corn.
However, the increase in the demand for corn has also caused a significant price hike and developing nations’ populations are experiencing difficulties obtaining corn for consumption.
It is now possible that new technology may offer a solution to the problem, which Israeli firm Seambiotic Ltd. revealed earlier this week. The technology allows the production of commercial quantities of fuel from a surprising source, one that will not undermine global food sources: seaweed. CONTINUE