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Upcoming forms of biofuel

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    3rd and 4th generation biofuels

    "According to a new 150-page report available for the low-low price of $1,495 from GreenTech Media Research, 3rd-generation biofuel is basically advanced algae-based biodiesel while 4th-generation biofuels are created using petroleum-like hydroprocessing or advanced biochemistry. One such technology is the "solar-to-fuel" method (pictured above) developed by Joule Biotechnology which sounds pretty cool. In their model, sunlight, waste CO2 and engineered microorganisms combine in a "solar converter" to create fuel.

    The summary of the report goes on to conclude that, by 2022, biofuels will account for almost eight percent of global oil volumes used for transportation. That may not sound like a lot, but it does represent a multi-hundred-billion-dollar market. Bring it on." See article.

    It's good to know that this is out what can we do to speed this up?