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It will be interesting to see if anything comes out of this. Sounds too good to be true.
http://news.yahoo.com/s/ap/20110227/ap_on_bi_ge/us_growing_fuel
Continued...Joule Unlimited has invented a genetically-engineered organism that it says simply secretes diesel fuel or ethanol wherever it finds sunlight, water and carbon dioxide.
The Cambridge, Mass.-based company says it can manipulate the organism to produce the renewable fuels on demand at unprecedented rates, and can do it in facilities large and small at costs comparable to the cheapest fossil fuels.
Joule claims, for instance, that its cyanobacterium can produce 15,000 gallons of diesel fuel per acre annually, over four times more than the most efficient algal process for making fuel. And they say they can do it at $30 a barrel.
A key for Joule is the cyanobacterium it chose, which is found everywhere and is less complex than algae, so it's easier to genetically manipulate, said biologist Dan Robertson, Joule's top scientist.
The organisms are engineered to take in sunlight and carbon dioxide, then produce and secrete ethanol or hydrocarbons — the basis of various fuels, such as diesel — as a byproduct of photosynthesis.
The company envisions building facilities near power plants and consuming their waste carbon dioxide, so their cyanobacteria can reduce carbon emissions while they're at it.
http://news.yahoo.com/s/ap/20110227/ap_on_bi_ge/us_growing_fuel
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