Alge based fuels do exactly this. The problem isn't technology, the technology for genetically modifying alge or bacteria to consume CO2 and produce oil has be

Alge based fuels do exactly this. The problem isn't technology, the technology for genetically modifying alge or bacteria to consume CO2 and produce oil has been around for quite some time. The problem is our powerstructures and our economic investments. It takes tremendous energy to move such a massive Goliath of a ship. Our economy which brought us prosperity simply cannot move quickly enough to prevent our demise. Ironic and perhaps poetic really