Agriculture Secretary Tom Vilsack praised Agrivida's efforts to lower the cost of producing cellulosic ethanol from sorghum, corn stover and switchgrass. Federal investments in the research and development of next-generation biofuels will help create jobs and curb the country's reliance on fossil fuels, Vilsack said. "As we get to the point where we can make [cellulosic ethanol] cost-effective and cost-competitive with oil, you're going to see an opportunity for this country to innovate itself away from fossil fuels," Vilsack added.

Related Summaries