Recent news related to Renewable Diesel:

1. Solazyme Showcases World's First Algal-Based Renewable Diesel at Governor's Global Climate Summit
   http://www.marketwatch.com/news/story/Solazyme-Showcases-Worlds-First-Algal/story.aspx?guid=%7B5917A48D-CED1-4A54-9D83-456441546B57%7D
2. Amyris Opens Pilot Plant to Produce Renewable Diesel Fuel
   <http://biz.yahoo.com/bw/081112/20081112005465.html?.v=1>
3. 
   Syntroleum Corporation owns the Syntroleum(r) Process for Fischer-Tropsch (FT) conversion of synthesis gas derived from biomass, coal, natural gas and other carbon-based feedstocks into liquid hydrocarbons, the Synfining(r) Process for upgrading FT liquid hydrocarbons into middle distillate products such as synthetic diesel and jet fuels, and the Bio-Synfining(tm) technology for converting animal fat and vegetable oil feedstocks into middle distillate products such as renewable diesel and jet fuel. Together with Tyson Foods, Syntroleum is focused on siting, engineering and constructing a plant that produces clean renewable synthetic diesel and jet fuel using low grade fats and greases as feedstock. The 50/50 venture - known as Dynamic Fuels - was formed to construct and operate multiple renewable synthetic fuel facilities, with production on the first site beginning in 2010 - Pasted from <http://news.moneycentral.msn.com/provider/providerarticle.aspx?feed=PZ&date=20081117&id=9374283>
   

Oil Prices Caused the Current Recession?

http://www.theoildrum.com/node/4727#more

"Oil shocks create global recessions by transferring billions of dollars of
income from economies where consumers spend every cent they have, and then some,
to economies that sport the highest savings rates in the world.
While those
petro-dollars may get recycled back to Wall Street by sovereign wealth fund
investments, they don’t all get recycled back into world demand. The leakage, as
income is transferred to countries with savings rates as high as 50%, is what
makes this income transfer far from demand neutral."

"Given that oil prices really took off in the third quarter of last year, after
several years of more gradual increases, we should expect to see its maximum hit
on the economy right about now. By the same token, however, the impact from the
even larger decline in oil prices over the last two quarters should give its
maximum boost to the economy moving into 2009."