For decades now, the USDA has been dumping cash into cellulosic ethanol research (most recently through a joint venture with the DOE). So the USDA's analysts should know something about the prospects for mass production of cellulosic ethanol, hailed by its boosters as a panacea that can wean us not only from oil, but also from corn as an ethanol feedstock. So what's the latest from USDA analysts on this miracle fuel? From a report released last week: Although cellulosic-based production of renewable fuels holds some longer-term promise, much research is needed to make it commercially economical and expand beyond …
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