Description:  Algae producers like Algenol — backed by Bill Gates, Exxon Mobil, Dow Chemical and the U.S. government, among others — work with the green plant to convert carbon dioxide and sunlight into biofuel. Steve Gelsi reports.

Source: Marketwatch.com – video report
 
Date: 03/15/2010

Link: http://www.marketwatch.com/video/asset/converting-algae-to-ethanol-and-into-money/78B02C2E-F227-4F8F-A952-3B5225E440E5

Questions for discussion:

• Do you think this sort of technology would be a high risk to investors?
• How would you go about evaluating the price of the stock?
• Does this sort of technology represent any special economic development opportunities for countries with access to sunlight and saltwater, like Florida?
• Does this technology represent any threat to conventional energy producers?
• Would it make sense for conventional energy producers to get involved in this effort?