Sep 22, 2008

For Immediate Release

Contact:  Chris Hill
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P (321) 254-6282
F (321) 242-6280

Posey Supports Alternative Energy; PetroAlgae

Melbourne, FL - Senator Bill Posey continued to show his support for alternative energy by touring the facilities of PetroAlgae on Friday.  PetroAlgae is a company that is growing and harvesting algae to produce oil.  This remarkable process creates a sustainable, renewable, cost-effective substitute for petroleum oil and a reliable, environmentally-friendly feedstock source for Biodiesel and many other products.

“Companies like PetroAlgae are the key to America’s future energy independence,” said Posey.  “The fact that they can create oil in an environmentally-friendly and, more importantly, renewable way and that they are doing it right here in our own district has me extremely excited.”

Senator Posey continued, “Any energy plan adopted by Congress must include incentives for alternative energy companies such as PetroAlgae to become successful.  Government cannot afford to be a hindrance to these exciting new technologies that may help to eliminate our dependence on foreign oil.  We must do everything we can to help them succeed.”

PetroAlgae is a Melbourne, FL based company with a research and development facility, where the algae is grown and harvested, in Fellsmere.  Their patented algae strains are not only a great natural oil source, but also capable of being used to absorb carbon dioxide from the atmosphere and contaminants from waste water.  PetroAlgae offers a path to sustainable, renewable and carbon-neutral energy independence with processes that are good for the environment.

For more information on PetroAlgae, please log on to http://www.petroalgae.com.

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