I agree with you on cellulosic ethanol.
I invested a small amount of money and bought some shares of Verenium Corp (VRNM). They’re working on making cellulosic ethanol profitable AND practical.
The wide variety of biomaterials available for cellulosic ethanol is substantially larger then corn-based ethanol.
DISCLAIMER: I do not work for Verenium nor know anyone who does.
Thanks. I looked them up. Looks like Pacific Ethanol is the West Coast version. I know someone is working on the algae conversion at OIT. They sure have an unlimited supply in the Klamath lakes.