Wind isn’t the only alternative energy industry to get a boost from the Fiscal Cliff deal. Also included is a tax credit for algae growers encouraging biofuel production that could one day power cars and boats.
From Congress to The Colbert Report, people are talking about the Midwestern drought and debating whether it makes sense to convert the country's shrinking corn supplies into ethanol to power our cars.
It's the latest installment of the long-running food vs. fuel battle.
A few years ago, the concept of making alternative fuels from algae was all the rage. But the idea seemed to fade quickly. KUNC’s Erin O’Toole talks with Northern Colorado Business Report publisher Jeff Nuttall about how one local company is repositioning itself in the algae-cultivation industry.