Using algae to harvest pollution & turn it into fuel

Read this on Instapundit yesterday.

Instead of sequestration, the current preferred method for curbing CO2 emissions, an Oregon coal-fired plant captures its carbon dioxide and feeds it to algae.  The algae can then be converted to biodiesel, ethanol and livestock feed.  It is just a small project now, but within 30 months “it should reduce greenhouse gas emissions by as much as 60% during daylight hours and produce 20 million gallons of biodiesel per year.”