Over 3,300 startups are now working in the renewable energy sector in India and many of these startups are involved in the green fuel sector to reduce carbon emissions.
Increased adoption of electric vehicles could render redundant Indonesia’s biofuel infrastructure, which the government is touting as its chosen alternative to fossil fuels.
Substantial investment in money and time is needed for algae biofuel to become viable, even on an extended timeline out to mid-century. While big players like Shell and Chevron have abandoned the effort, ExxonMobil continues work.