In his State of the Union address on January 31, 2006, President Bush declared that “America is addicted to oil” and announced a new “Advanced Energy Initiative” to increase funding for research into renewable, homegrown, alternative energy sources to power our nation. One key element of the proposal is to fund “additional research in cutting-edge methods of producing ethanol, not just from corn, but from wood chips and stalks, or switch grass. Our goal is to make this new kind of ethanol practical and competitive within six years.” This announcement came on the heels of the Energy Policy Act of...