New fuel source

Craig Venter, a world-renowned scientist is hoping to create a new form of energy created from new organisms. This new energy source will produce hydrogen for cars and will produce nonpolluting heating oil for homes. This new energy can also be used to provide power for any electrical device. The new organisms will be created from micro-organisms found in the ocean and from large mammals such as dogs. This could be a cure for the increasing energy crisis currently found by using fossil fuels for cars and electricity. What do you feel about this new idea for fuel? Is there any moral problem by using man-made organisms, or could this be the answer to the energy problem? Or could this just be a far out idea that will be way to costly to use as a viable form or power.