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.
What can it mean? No less than "energy independence," Joule's web site tells the world
Looks to be miraculous to say the least, but if they can scale it up to industrial levels, it will be a true game changer. Apparently they plan on taking it to the commercial level by the end of 2012 so at least we will know relatively soon how real this really is.