Greenhouse gas sequestration by algae: energy and greenhouse gas life cycle studies

Source: CSIRO
"This paper assesses the greenhouse gas, costs and energy balance on a life cycle basis for algae grown in salt water ponds and used to produce biodiesel and electricity. Under the conditions described and data assumed in the paper, it is shown that it is possible to produce algal biodiesel at less cost and with a substantial greenhouse gas and energy balance advantage over fossil diesel."