CURTIS RICH, WHO HEADS THE POLICY group at the energy, environment and infrastructure law firm, Van Ness Feldman in Washington, D.C., says all the 25 or 30 compa- nies in the field are venture-funded, with most at the formative stages with only seed capital. "From the people I talk to, algae sounds like it is still many years from being commercially viable as a source of alternative fuel. A lot of the work is really basic science at this point," said Luke Timmerman, national biotechnology editor of Xconomy, an internet-based technology news service.
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