John T. Hoagland predicts: "Hydrocarbon fuels will be the "fuel of choice" for personal transportation for the next 50 years"

Unfortunately Mr. Hoagland is almost certainly correct, since it is difficult and -- according to oil companies -- uneconomical to separate carbon atoms from most currently known portable fuels. While clean fuels such as hydrogen are attractive in concept, energy density and lack of infrastructure, not to mention political will, prevent it from replacing the common hydrocarbons in the near future. The human race appears perfectly content to first exhaust all easily acquired hydrocarbons and then, the transportation infrastructure rapidly decaying, to watch the richest 10% of the population burn ethanol hooch in their 4x4 trucks while the the poor are forced to walk, bicycle, and ride horses.

NewsWeek interview with Craig Venter:
http://www.newsweek.com/id/140066
Part:

Zakaria: How are you going to create the fuel of the future?
Venter: We think multiple fuels of the future are going to come out of biology, by manipulating the genetic code of simple organisms to convert things like sugar or sunlight or carbon dioxide into fuels that people are very familiar with, like diesel fuel and gasoline.

What would a "refinery" that uses microorganisms to create fuel look like?
They're just large, bacteria-processing fermenters. People are familiar with this: that's how wine and beer are made. We're using similar processes, but ones that are designed to produce much more complex molecules than ethanol, and therefore fuels that will be much higher in energy content, and will work well with the existing energy infrastructure.

Would you have the same problem we have with corn ethanol, which is that you use large amounts of cropland?
We consider ethanol the first-generation fuel. We have second- and third-generation fuels that are much more advanced fuels, but they also come from plant sugars. We [are working on] a fourth-generation fuel, where the starting material is not sugar, but carbon dioxide.

People want to bury that CO2 in the ground or pump it into oil wells or coal beds. We want to use that CO2 and the carbon in it to make new fuels.

How close are you to creating an organism that can produce fuels in this way?
We think the first fuels are maybe one to two years away. We're definitely thinking in terms of years, not decades.

And your biologically produced fuels will work in today's cars and energy systems without modifying them?
Basically everything we're making will work in the existing infrastructure.

for personal transport by then. we will have plenty of problems supporting our agricultural industry with the last bit of remaining oil by then, so it will be either alternative energies not based on hydrocarbon or back to horse and carriage (which in a way uses hydrocarbon-fuels of course, but I trust that was not meant).

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