Biotech for Energy Needs

This is in the UK, but it's interesting because while Bush put forth ethanol as an alternative energy plan, it won't make much different in terms of carbon emissions unless it's cellulosic ethanol.  Carbon may not be Bush's concern. 

Green Biologics (GBL), an Oxfordshire (UK) biotechnology company, has received £560,000 (US$1.1 million) in funding to support the development of its fuel biobutanol product—Butafuel—from cellulosic biomass. The Department of Trade and Industry-led Technology Program is providing £250,000 (US$494,000), and shareholder investors and business angels are providing the rest.