Not sure if this has been posted before but what the heck 
Source:
http://www.theglobeandmail.com/news...rld-of-fossil-fuels-on-demand/article1871149/
A big update on this project, Joule just secured a few sites for production!
http://www.jouleunlimited.com/news/...rst-multiple-sites-host-solar-fuel-production

Source:
http://www.theglobeandmail.com/news...rld-of-fossil-fuels-on-demand/article1871149/
In September, a privately held and highly secretive U.S. biotech company named Joule Unlimited received a patent for “a proprietary organism” – a genetically adapted E. coli bacterium – that feeds solely on carbon dioxide and excretes liquid hydrocarbons: diesel fuel, jet fuel and gasoline. This breakthrough technology, the company says, will deliver renewable supplies of liquid fossil fuel almost anywhere on Earth, in essentially unlimited quantity and at an energy-cost equivalent of $30 (U.S.) a barrel of crude oil. It will deliver, the company says, “fossil fuels on demand.”
A big update on this project, Joule just secured a few sites for production!
http://www.jouleunlimited.com/news/...rst-multiple-sites-host-solar-fuel-production
Cambridge, Mass. – May 5, 2011 – Marking another milestone in its advance towards commercialization, Joule Unlimited, Inc. today announced the signing of a lease agreement providing access to 1,200 acres in Lea County, New Mexico, with the potential to scale the project up to 5,000 acres for production of renewable diesel and ethanol directly from sunlight and waste CO2. The agreement with Lea County is the first to be completed as part of Joule's production facility siting program.