I love this kind of innovation. Greenfuels is one of several companies utilizing algae (think pond scum) as a source for biofuels like biodesiel, gas and ethanol (algae are a much better source than corn). The innovation is that the algae are ‘fed’ carbon dioxide from the output of powerplants. Two tons of algae can ’sequester’ one ton of CO2. Once they’ve taken in the CO2, the algae use photosynthesis to convert it to plant matter which can, in turn be converted to fuel.
Greenfuels and the state of NY are building a test plant in Dunkirk, NY, a small city south of Buffalo.