A brave new world of fossil fuels on demand

In September, a privately held and highly secretive US 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 (US) a barrel of crude oil. It will deliver, the company says, fossil fuels on demand — via redwolf.newsvine.com