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Here is yet another effort of Algae Co2 Sequestration. Aurora Biofuels, says it has cultivated algae that doubles production of biodiesel by absorbing more than twice as much carbon dioxide as conventional strains.According to Robert Walsh, the chief executive of the company, Aurora’s breakthrough was to develop algae mutations that can ingest carbon dioxide regardless of the intensity of sunlight.

He said Aurora has built a pilot facility “between a 7-Eleven and the beach” near Melbourne, Fla., and that for the past several months the new algae strains have been producing a gallon of biodiesel a day in an Olympic pool-sized pond.

Mr. Walsh said the challenge for Aurora is to commercialize its scientific advance. The company plans to have a demonstration plant capable of producing 1,000 gallons of fuel a day in operation by the second quarter of 2010. A full-scale production facility is to follow in 2011.

Aurora has raised $25 million from investors that include Oak Investment Partners, Noventi Ventures and Gabriel Venture Partners. Mr. Walsh said that financing will be sufficient to see Aurora through the construction of the demonstration algae biodiesel plant.

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