Coskata: GM's ethanol future

Vinod Khosla partners with Rick Wagoner and GM

GM hasn't announced any new hybrid vehicles today, although Rick Wagoner announced today that there would in the near future be a press release on the Saturn Vue plug-in hybrid.

Nonetheless, GM did make another very interesting announcement. GM is partnering with Vinod Khosla'sCoskata, a company that believes it is ready to take ethanol to the next level, cellulosic ethanol and leave grain based ethanol in the past.