Algae-derived biodiesel is a "drop-in" fuel

My previous post about ethanol might have opened your eyes to the potential of biofuels. But one of the drawbacks of ethanol is that any gasoline / ethanol bend with greater than 10% ethanol requires modifications to a car's fuel system. For instance, some newer cars (like mine) are E85 capable (85% ethanol) because they were built that way at the factory. Not all cars have this capability. But what if you could create a carbon neutral biofuel, in this case derived from algae, that is chemically identical to gasoline, diesel, jet fuel, etc.?

Sounds like another potential win-win.