[Mr. Wyndham]

I found a little something:

Sapphire has big ambitions - it doesn't just believe that it can supplement oil, but also that it can replace it entirely, using the same infrastructure that is in place around the world...

...Sapphire CEO and co-founder, Jason Pyle, is being cagey about revealing how much it costs to produce his algae-based product or how much it would cost at the petrol pump. In interviews, he indicated that production costs per barrel would be similar to petroleum-based fuel, which is very much a moving target at the moment...

...Pyle did stress the environmental advantages of "green crude". By using CO2 spewed out from the likes of coal plants, the production process would help remove harmful emissions from the atmosphere. The fuel also would produce fewer pollutants in the refining process and fewer harmful emissions from vehicle tailpipes, Pyle told the Los Angeles Times.

It will be five years before "green crude" is commercially available.

http://www.guardian.co.uk/business/2...enbusiness.oil