I had a conversation a week ago that popped into memory today.
ICM is a company doing some pretty interesting reasearch around cellulosic and next generation ethanol processes. As their website says, they are "dedicated to sustaining agriculture on innovation."
To this end one of their business development guys, Alan Goodnight, mentioned something profound in passing (I don't know Alan he just gave me his card after the conversation). ICM's research on cellulosic ethanol is focusing on extracting protein as well as ethanol from biomass crops like switchgrass.
He mentioned that agriculture world wide is carbohydrate rich and protein poor. Finding an inexpensive and plentiful protein source is as valuable, if not more valuable, than cellulosic ethanol.
Just a unique mention I hadn't heard before. Something to look for as other emerging cellulosic ethanol companies make their commercial scale push to exist in the post $80 crude barrel world we might be entering.
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