Biofuel Research Reaches Fever Pitch

Canada [Toronto Star Newspapers Limited] Researchers gathered at a global biotechnology conference in Toronto yesterday to explore better methods of making biofuels out of everything from corn stalks to orange peels. With oil prices above $76 (U.S.) a barrel, research and development into ethanol and biodiesel is reaching a feverish pitch in North America. … The U.S. government recently set a goal of displacing 30 percent of its transportation fuel consumption with biofuels by 2030. Last week, the U.S. Department of Energy followed up with a research road map aimed at reaching that target through advances in biotechnology.