Roger that, Biofuel. You guys rock. I will put in my two cents worth as we continue.
At the moment, for what it is worth (and at the risk of being off topic), I do encourage all readers to be aware of the huge liftoff potential, also, of geothermal and...yes, a big surprise, but true, wave energy.
One player to look at in the later is Finavera, http://www.finavera.com/, http://finance.yahoo.com/q?s=fvr.v. Wave energy is diffuse, but available in astounding abundance. The biggest obstacle to harvest seems to be gateway technologies between land and sea (that is, when and how to convert the kinetic energy of waves to electricity or some other transmission medium, and how to transmit that energy into the grid or otherwise put it to work). Notwithstanding some uncertainties about these issues, I was surprised to learn that several thousand megawatts of capacity are already under construction, a good chunk of it off of Oregon and California (where FVR is a major player), but also on European and other coastlines.
Here are some questions regarding algae, in case anyone can answer them:
1) How certain are we that algae, not cellulosic ethanol, is the way to go (corn and other crops are obviously a cruel joke, but is it clear that algae is the best base, definitely ahead of cellulosic forms)?
2) What are the biggest obstacles to commercialization of algae biofuels?
3) Given that you and NavyPilot have been surveying the field and gathering resources for some time, can you point us towards a few co's -- 2,3, or 6 of them -- that seem to you, at this early stage, to have the greatest promise for cost effective and easily ramped up production strategies?