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The DOE is getting ready to spend $85 billion on research to create biofuels made from algae and other advanced techniques. The American Recovery and Reinvestment Act funds will be made available "for the development of algae-based biofuels and advanced, infrastructure-compatible biofuels" that can be brought "to market in an accelerated timeframe."

It may sound a bit like something from a Dr. Seuss book, but it seems "green gasoline" is indeed on its way to a pump near you. Terrabon, a Texas-based company specializing in biofuels, reports its alternative fuel is completely compatible with gasoline and can be produced using nearly any kind of organic material, including sewer sludge.