Breakthrough promises $1.50/ gallon synthetic gasoline, no carbon emissions

the fuel is hydrogen based and produces no carbon emissions when burned. ... fuel can be used in existing internal combustion engined vehicles without engine modification.

lolololololololollolololololololol

I'll be right there to buy some, just turning off my cold fusion reactor and making sure my overunity engine is still going first.
 
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It's time we started moving over to electric vehicles, we can use many sources of energy and they can be upgraded as need be, should also be cheaper to run and require less maintenance, its really just battery tech thats holding them back at the moment but that will change.
 
Some more detail, if it's not been posted yet:

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 engineered cyanobacterium that produces 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.”

We’re not talking “biofuels” – not, at any rate, in the usual sense of the word. The Joule technology requires no “feedstock,” no corn, no wood, no garbage, no algae. Aside from hungry, gene-altered micro-organisms, it requires only carbon dioxide and sunshine to manufacture crude. And water: whether fresh, brackish or salt. With these “inputs,” it mimics photosynthesis, the process by which green leaves use solar energy to convert carbon dioxide into organic compounds. Indeed, the company describes its manufacture of fossil fuels as “artificial photosynthesis.”
 
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