Tuesday, November 4, 2008

today's biggest news story

nO, nOt that stOry.

Biodiversity again proved that it is of great worth by giving humanity a fungus that can directly convert cellulose into diesel fuel.

Given that US petrol prices are down below $2/gallon in some cities ($1.92 in Kansas City today, that's $.50/liter for the metrically minded), there may not be much near term interest in fungal diesel in the USA today, but it is good news for any countries with both a large cellulose resource and high fuel prices.

New Zealand, with it's large domestic agroforestry industry and petrol at $2NZD/liter ($4.6USD/gal) could be a good place to incubate the technology.

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