Algae Makes It Into Stimulus

Companies that use algae to reduce carbon emissions celebrated a small change to the stimulus bill that allows them access to a small slice of a $1.52 billion pie for carbon reduction efforts.

Elizabeth Moeller, a lobbyist at Pillsbury Winthrop Shaw Pittman, had feared her client, Ternion Bio, would be shut out of federal grant money to support projects that reduce carbon dioxide emissions from coal plants and other emitters.

The 2007 Energy Security and Independence Act, which established the programs some of the stimulus money for carbon mitigation efforts would flow through, gave preference to projects that rely on

Moeller said she was surprised the effort met with success.