There is general agreement that unrestrained combustion of fossil fuels with concomitant carbon emissions, is causing climate change. To mitigate these emissions, there is a global race to develop processes that capture carbon dioxide and convert it into competitively priced fossil fuel replacements. International governments and Global corporations are investing heavily in microalgae cultivation as the foundation of a competitive solution to produce fossil fuel replacements and mitigate climate change.
Bioengineered microalgal strains can produce alcohols, proteins, carbohydrates, lipids and complex biochemicals in commercial quantities. Within the next 5-10 years we will be able to bioengineer strains to produce any commodity biochemical or petroleum replacement.