second-generation biofuel

Menlo Park, Calif. based LiveFuels, which received $10 million in funding two years ago and has been in business since 2006, is headed by the husband-wife team of David Jones and Lissa Morgenthaler-Jones.

LiveFuels has developed a new concept for algae-based biofuels.

 

The company has stated it will grow algae and then have filter-feeding fish eat it.  The fish will then be squeezed for the oil, and the oil will be sent to a refinery.

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