New patent claims to be able to produce 5 cent a pound sugar from water, cyanobacteria, nutrients and sunlight: http://www.specialchem4bio.com/news/2012/12/21/proterro-receives-us-patent-for-its-engineered-cyanobacteria-to-produce-sucrose
http://www.proterro.com/
I don't know what the nutrients are, but they must be cheap.
This should help make a lot of food cheaper, plus make ethanol a lot cheaper, and a real competitior for liquid fuel without subsidies, IF it is scalable.
This is new to me, has anyone heard of a similar process? What do you think of its viability, and potential?