Algae require only sunlight, water and carbon dioxide to grow. They can quadruple in biomass in just one day. And, what's more, they suck up harmful pollutants such as nitrogen from waste water and carbon dioxide from power plants as they grow.
Some strains of algae contain over 50% oil and an average acre of algae grown today for food and pharmaceutical industries can yield around 19,000 litres of biodiesel, compared to just 265 litres for one acre of soya beans or 1,600 litres of ethanol for an acre of corn.