I believe this is really really relevant, since Biofuels/Ethanol could be THE disruptive innovation to replace the multi-billion oil industry... Have a glance at Vinod Khosla's presentation at Google TechTalks in the below Google video. It really made me think, since this would be a hell of a disruptive innovation with a positive "green impact" (just look up the numbers of the size & profitability of the oil industry).
Vinod Khosla is a venture capitalist considered one of the most successful and influential personalities in Silicon Valley. He was one of the co-founders of Sun Microsystems and became a general partner of the venture capital firm Kleiner, Perkins, Caufield & Byers in 1986. In 2004 he formed Khosla Ventures.
By the way, the quotes I liked best from Vinod's presentation:
People will buy it because it's cheaper. The green will be for free.
It's amazing, the biomass belt is the largest where poverty is worst in this world (and that's where ethanol could be produced and create new economic opportunities).
On Wednesday, March 29th, by invitation from our co-founders and CEO, our special guest, Vinod Khosla, visited Google to deliver a tech talk about the emergence of ethanol as a viable, market ready, and competitive source of renewable energy.
His presentation has been making huge waves in the investor, policy, and business communities and we are privileged to have had him take time to talk to us about the tremendous potential for ethanol's explosion into the market. Here are some recent articles that might be of interest in relation to this talk:
Vinod Khosla, a Silicon Valley billionaire, who wants to save the world from oil