Oil from Algae
Here is an article on using algae to create bio-diesel. As the article states, we are still a long way from making this idea a reality, but unlike other bio-fuel options this one has real potential: The Greenest Green Fuel - Popular Science
I also expect that eventually we will see genetic engineering used to really make this process efficient.
(via Instapundit)



The article makes no mention of hemp. Oil from algae may be just a fraction of what it could be if oil came from hemp.