High Speed Public Policy for Algae-Based Biofuel as an Energy Alternative
International Law Quarterly, Winter 2012
4 Pages Posted: 22 Aug 2012 Last revised: 29 Mar 2013
Date Written: February 15, 2012
This paper will explore whether algae-based biofuel is a viable alternative energy option and how the proposed federal tax incentive and other governmental programs could help propel this unique technology to become a more sustainable energy option. The aim of this paper is to evaluate the problem of developing technologies in the algae-based biofuel industry. No current regulation exists specifically with respect to algae-based biofuel as it falls into the broad category of cellulosic biofuels. This paper suggests public policy imperatives in Florida in concert with the proposed algae-based biofuel tax credit to address the economic issue of having this renewable energy alternative become sustainable and less cost-prohibitive to encourage larger scale usage.
Keywords: biofuel, renewable energy, algae, international energy policy, Florida, China
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