Nice to see this is getting developed further, they have been at it for many years. Cellulistic ethanol from switch grass is another one.
http://www.forbes.com/sites/toddwood...-fossil-fuels/
It looks like they are getting close to make both of them feasible. Just imagine if this stuff really starts to take off in the next 5 years. If you really think about the economic impact this could have, it is staggering.