Published: Sunday, 27 Feb 2011 | 11:32 AM ET Text Size 

CAMBRIDGE, Mass. - A Massachusetts biotechnology company says it can produce the fuel that runs Jaguars and jet engines using the same ingredients that make grass grow.

Joule Unlimited has invented a genetically-engineered organism that it says simply secretes diesel fuel or ethanol wherever it finds sunlight, water and carbon dioxide.

http://www.cnbc.com/id/41810005/