Cheap biofuel from algae replaces oil by 2030
Wild Card's progress: basic
This Wild Card came from:
European Commission Framework Programme for RTD
The theme/scheme related to this Wild Card:
Theme 5 - Energy
The sub-theme that best relates to this Wild Card:
Knowledge for energy policy-making
Likelihood timeframe and scenario features :
now-2050
Wild Card's description
By 2030 algae finally fully replaces oil, not only in transportation, but in all production where black oil used to be used such as plastic, rubber, and electricity production. Oil remains in the energy markets, but due to new taxes and increasing pumping costs it is more expensive than biofuel and therefore much less used.
