At the time of this post, WTI crude oil future is being traded for 62.4$ per barrel. That is not a bad price point compared to 100$ target of Goldman Sachs’ analysts. Therefore, it won’t be a surprise if we see venture money flowing into new, scalable, renewable and relatively-clean energy start-ups.

Here is Mascoma, with the “Developing and delivering on the promise of low-cost, renewable fuels” selling line. Mascoma’s website says they have found an innovative and cost-competitive way to process cellulosic biomass and transform it into ethanol, which can be readily used in new cars via mixing it with conventional gasoline. Already received initial venture capital from Khosla Ventures and Flagship Ventures, they have snapped up a new contract from NY State to build a brand-new Cellulosic Ethanol Demonstration Facility, which will hopefully be an energy leap for the masses.