Energy Citations Database (ECD) - - Document #10132222
First, right off the bat, don't get too excited about our headline.
The Algae we make report of herein can make Oil out of flue gas Carbon Dioxide for an average of $60 per barrel only if they get subsidized by the Cap & Trade taxation of our Coal-based electrical power generation industries, and their customers, to the tune of $60 per ton of Carbon consumed by the Algae.
Those figures are averages, rough averages, we've deduced from the numbers provided, and, it all doesn't at first sound too exciting.