So here's the somewhat long story short: Shell had invested in 10 biofuel research projects, and planned to cut 5 of them in 2011 to focus on the most "viable". The end result? 5 projects that aim to increase ethanol yields - ethanol that can be added to traditional gasoline, that is. As for the algae biodiesel project? Axed. Go figure.

Shell Exits Algae as it Commences a "Year of Choices"

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