Tuesday, November 18, 2008

Q Microbe drawing cellulosic ethanol investment

Is Q Microbe the key to cellulosic ethanol? Qteros hopes so and could make for a great green investment.Qteros' microbial hopes

Qteros picked up $25 million Series B funding today, reports CNET, led by investors like BP and George Soros.

The Q Microbe is a naturally occurring micro-organism that, according to Qteros, can efficiently turn cellulosic materials into ethanol - eliminating the need for enzymes which account for 30 percent of production costs.

Now, that's a green investment, literally.

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