Vertigro Algae Bio-Fuel Oil/C02 Sequestration SystemThe Vertegro system consists of a series of closely spaced vertical bio-reactors constructed of thin film membranes allowing high levels of light penetration. This new bio-reactors are tailored to grow a species of algae that yields a large volume of high grade vegetable oil, which is very suitable for blending with diesel to create a bio-diesel fuel.
There's more in the link.
One thing I'd really like to know is what does the cost of oil do to the cost of plastics. We all know how much the fuels (gasoline, diesel, kerosene, heating oil) cost, but the hydrocarbons that make up plastics account for a large portion of that $100 barrel, too. What does this mean for their costs going up? Or are the profits made from the fuels offsetting the costs of making the plastics?