"All countries must take vigorous, immediate and collective action to curb runaway energy demand. The next ten years will be crucial for all countries... We need to act now to bring about a radical shift in investment in favor of cleaner, more efficient and more secure energy technologies."
~Nobuo Tanaka, head of the International Energy Agency (IEA)
Big oil had better start worrying. Common algae from ponds and waste-water treatment plants has been found to produce vast amounts of burnable oil, say researchers at the University of Minnesota, algae produces an astounding 5,000 gallons of oil per acre. Corn, by comparison, produces a measly 18 gallons. Soybean yields 48 gallons. An acre of palm trees yields 635 gallons.