NEW YORK, Dec. 1 A U.S. utility company and a pollution recycling company have successfully converted power plant gas to usable vehicle fuel.The Arizona Public Service Co. and GreenFuel Technologies Corp. said Thursday they converted carbon dioxide flowing from the plants gas stacks to ethanol and biodiesel using algae, reports Platts, a global energy information provider.The firms announced their success at the Platts Global Energy Awards in New York.This is the first time ever that algae biomass created on-site by direct connection to a commercial power plant has been successfully converted to both these biofuels, said GreenFuel Founder and Chief Technology Officer Isaac Berzin. Attached to the 1,040 megawatt APS gas plant in Arlington, Ariz., is GreenFuel's Emissions-to-Biofuels algae bioreactor system.Basically, the carbon dioxide was funneled to containers filled with algae, which is prompted by sunlight to devour the gas.We estimate that this process can absorb as much as 80 percent of CO2 emissions during the daytime at a natural gas fired power plant, said Cary Bullock, chief executive officer of GreenFuel. Copyright 2006 by UPI