As the world’s global energy heavyweights shift their focus to developing biofuels, Australia could hold the key to its future large-scale development, according to one of the country’s leading algal biofuel experts. This week, BP joined the race in developing microbial oils for biofuels on the heels of ExxonMobil’s announcement that it is pursuing a genetically-modified algal biofuel aimed at driving a cleaner, greener future for energy stocks.

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