http://www.news.com/8301-11128_3-9832304-54.html?tag=bl
Very good news. The best part is that its algae based and using seawater rather than fresh water. From the article:
Quote:
Cellana said that algae can produce 15 times more oil per hectare than rape, palm soya, or jatropha plants.
Algae growth also has been proposed as a way to absorb large amounts of carbon dioxide, a greenhouse gas. The Cellana demonstration facility will use bottled carbon dioxide to explore the technique of capture carbon in plants as they metabolize. Its experiments will include participation from different universities.
Very good stuff, two birds with one stone. Crop based biofuels are a terrible idea, but algae or bacterial based fuels show some real promise...
It will be interesting to see how the Algae progresses. I’m hoping that the government will jump in, place some regulations, and put this stuff into production. Then it would be nice to know if we could raise our own homebrew algae.