Although startup Cello Energy has been hit by delays in production and fraud charges, it is still expected by the Environmental Protection Agency to produce as much as 5 million gallons of cellulosic biofuel, or about one-third of the total cellulosic-biofuels target for 2011, according to Josie Garthwaite in this article. Although the EPA has slashed Cello's projected contribution from 70 million gallons, the agency's assessment of Cello as "most likely" producing cellulosic biofuels in 2011 illustrates the "uncertainty and risk" in this emerging industry, Garthwaite writes.

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