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Poet TV "How close is Cellulosic Ethanol?" – Click above to watch video after the jump

Ethanol company Poet (formerly Broin) today announced something called Ingreenuity, a "new initiative to enhance the environmental performance of ethanol." The first step in the process is to decrease the amount of water it takes to make the biofuel down to

The U.S. Department of Energy has dug into its coffers once again for alternative energy research, this time putting up to $385 million forward to fund six cellulosic ethanol over the next four years. DOE Secretary Samuel W. Bodman made the announcement, going on to say that when fully operational, the six biorefineries will produce more than 130 million gallons / 492 million litres of ethanol per year. The funding is part of President Bush's Twenty in Ten Initiative which aims to reduce America

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