Not all biofuels are created equal, as the chart above illustrates (click the image to see full size). It’s one of the best depictions I’ve seen of how each biofuel feedstock has completely different impacts on overall greenhouse gas emissions, water and pesticide use, and the energy required to produce the fuel.
algae
How Green Are Biofuels? Comparison Chart [PIC] : Gas 2.0

How to Profit from Algae: Power Plants of the Future
Turning plants such as corn, soybeans and sunflowers into fuel uses much more energy than the resulting ethanol or biodiesel generated, according to a Cornell University and University of California-Berkeley study. The World desperately needs a liquid fuel replacement for oil in the near future, but producing ethanol or biodiesel from plant biomass is the wrong way to do it, because you use more energy to produce them than you get out from the combustion of these product.
First Heavy-Duty Diesel Powered By Algae Biodiesel, Solazyme’s “Soladiesel†: Gas 2.0
It looks like Solazyme will be making algal biodiesel for the US military, after a test-drive demonstrated the fuel’s superior cold-weather properties when compared to commercially-available biodiesel. Former Director of Central Intelligence and Under-Secretary of the Navy R. James Woolsey tested the fuel himself by driving to the Worldwide Energy Conference & Trade Show in an unmodified 2008 Ford F450 fueled by 100% algal biodiesel.

Ethanol from Cheese?
A Wisconsin cheese producer has a way with whey.

Algae 101
Algae has been making the news a lot lately, and is a fairly new topic in environmental circles.
Let's take a step back for a moment and talk about why algae is interesting and important.

Smokestacks Make Biofuels
All it takes is a smokestack spewing CO2, and some algae. Read all about it.
our next best biofuel is at the bottom of a pond
Look at comparisons of algae to corn and soy bean productions
ALGAE TO BE A MAJOR HYDROGEN FUEL SOURCE
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Scientists at U.S. Department of Energy’s Argonne National Laboratory are working to chemically manipulate algae for production of the next generation of renewable fuels, Hydrogen Gas.
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First Algae Biodiesel Plant Goes Online: April 1, 2008
PetroSun has announced it will begin operation of its commercial algae-to-biofuels facility on April 1st, 2008. The facility, located in Rio Hondo Texas, will produce an estimated 4.4 million gallons of algal oil and 110 million lbs. of biomass per year off a series of saltwater ponds spanning 1,100 acres.
Biowar I: Why Battles over Food and Fuel Lead to World Hunger

Burning 100 million tons of our primary food for fuel is unsustainable and wastes non-renewable resources, especially water. Growing massive amounts of corn represents ecological suicide as it drains trillions of gallons of non-replenishable groundwater, spikes food and fuel prices, decimates food exports and threatens millions with starvation from a food cascade.
PetroSun To Begin Operations At Algae-to-Biofuels Farm
PetroSun, Inc recently announced that it would begin operations at it's 1,100 acre algae to biofuels farm near Harlingen, Texas on April 1, 2008.
Cellulosic Ethanol Sugar Diverted to Algae Biodiesel Production : Gas 2.0
In a brief conversation with Harrison Dillon, President and CEO of Solazyme, I was able to learn that Solazyme is going to combine cellulosic ethanol and algae biodiesel production technology, which they think provides a more positive energy balance than either one alone. Solazyme will be buying sugar, including cellulosically-derived sugar produced by cellulosic ethanol companies, to feed to their algae.
Video: Solazyme Unveils Renewable Biodiesel Derived from Algae via Scalable Process
Solazyme, Inc., a synthetic biology company unleashing the power of aquatic microbes to create clean and scalable solutions for biofuel, industrial chemical, and health and wellness markets, reveals the first algae-derived biodiesel fuel (Soladiesel) to have undergone road testing by successfully powering a factory-standard automobile for long distances under typical driving conditions. The car and fuel will make their public debuts at the 2008 Sundance Film Festival, where they are also featured in Fields of Fuel, Josh Tickell's documentary about renewable fuels.

Chevron Developing Biofuel From Algae
Chevron is partnering up with the South San Franciscan company Solazyme to accelerate its research into algae derived biofuels. Solazyme has already developed a process to extract oil from algae that can then be turned into biodiesel. This agreement is on the heels of Chevron's October deal with the Department of Energy's Renewable Energy Laboratory to develop jet fuel and other transportation fuels from algae.
BREAKING NEWS: First Cars Run on Algae Biodiesel; Breakthrough Production Possible
Just a few hours ago, the world’s first pair of cars to run on algae biodiesel were announced at the 2008 Sundance Film Festival [picture to be uploaded]. The cars were prominently displayed outside the world premier of Fields of Fuel, Josh Tickell’s stunning new documentary on biodiesel and the state of a world dependent on petroleum.