The brain trust at the Pentagon say it is just months away from producing a jet fuel from algae for the same cost as fossil fuels.
According to a story at Guardian.co.uk, the claim from the Defense Advanced Research Projects Agency (Darpa), which helped develop the Internet and satellite navigation systems, has taken industry insiders by surprise.
The story notes that Darpa’s research projects have already extracted oil from ponds at a cost of $2 per gallon and is now on track to begin large-scale refining of that oil into jet fuel, at a cost of less than $3 a gallon, according to Barbara McQuiston, special assistant for energy at Darpa. The story quotes her as saying:
“Oil from algae is projected at $2 per gallon, headed towards $1 per gallon.”