13 minutes into his Ted Talk (see video below), Dr. Craig Venter says fourth generation fuels, that is, biofuels made by bacteria from C02, are just 18 months away. The systems might work with sequestered CO2 and possibly even solar energy. What are the "modest goals" of this project?

As you can see in the screen grab after the jump, #2 on his list is to "replace petrol-chemical industry" and #3 is to "become a major source of energy." Can he do it? Considering Venter mapped the human genome and casually talks about manipulating the blueprints of life like it was software code, I would not bet against him.

[Source: Ted.com via EcoGeek]

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