About 14 months ago, I posted the following:
Now there's word of another technology in this area. (See this, too.) This one holds promise of being more easily scalable, and therefore more likely to produce a large-scale economic breakthrough. This technology, its proponents claim, should be able to produce fuel at $30/barrel. At that price, if they can achieve it, OPEC will be put out of business.
This news is GREENER than GREEN.
This is HUGE, even as it stands. If it pans out at a larger scale, then it's HISTORIC.
UPDATE: A Technology Review article confirms the demonstration of a prototype device, the first step out of the laboratory and toward full-scale operation.
One must hope that one or both of these technologies (and/or one or more others) succeeds, and produces SOON. That may be the best way to save the world's economies, as the Middle East goes (even more) insane.