As reported in the Venture Beat news site, Mascoma, "A start-up that is trying to become the first commercial developer of cellulosic ethanol - something some environmentalists see as the Shangri La of alternative fuel - will announce tomorrow it has raised $30 million more in venture funding."
This technology will bring the United States to virtual energy independence. Making fuel from grass, forestry waste, literally any kind of biomass will restore the balance to the corn/other agricultural markets that are temporarily skewed due to massive corn production and high prices.
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