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Startup Claims to Make $1/Gallon Ethanol 456

gnick writes to mention Wired is reporting that an Illinois startup is claiming they can make ethanol from most any organic material for around $1/gallon. Coskata, backed by General Motors and several other investors, uses a process that is bacteria based instead of some of the other available methods. The bacteria processes organic material that is fed into the reactor and secretes ethanol as a waste product.

Diplomacy is the art of saying "nice doggy" until you can find a rock.