Fuel from Algae!

[VanyahaHeights]

Colorado Company to Take Algae-Based Fuel to the Next Level - NYTimes.com

I'm not sure if any of you have heard of this. But there's going to be a new bio-fuel made from a breed of algae. And no petrol is needed!

-Can be grown in small areas(no deforestation to plant biofuel)
-uses sun to breed the algae(free energy)
-algae feeds on CO2!(cleans the air!)


So what do you guys think. I know I'm still gonna hunker over a Tesla Roadster electric, but this would be nice if I get a Cessna one day!

I don't know much about the extraction cost yet, or the water used to grow them(possibly you can re-use the water!), but I'm interested in following the process as I'm saving up for some solar panels.