Algenol's Woods discusses new DOE road map for algae-based fuel

Earlier this week, the Department of Energy released a road map for the commercialization of algae-based biofuels. During today's OnPoint, Paul Woods, CEO of Algenol Biofuels, gives his take on the report and explains why he believes algae-based fuels could be available as early as 2011. He also explains how Algenol's strategy for making fuel is different from those of other algae-based companies.