I found an interesting article on investing and ethanol at money.cnn.com:
http://money.cnn.com/2006/01/30/mark...tune/index.htm
One of the more interesting features of articles posted there is that there are links to research information on any company mentioned in the article.
Another article on the same site that talks more specifically about ethanol (and less about investing):
http://money.cnn.com/magazines/fortu...7959/index.htm
If I could stop using gas and oil entirely, I'd do it in a heartbeat. I still haven't figured out how to do so completely, but frankly, it's cheaper for companies to be irresponsible polluters and they can make more money by creating extreme scarcity (beyond the truth of the dwindling supply) than by being responsible for their actions and their part in the destruction of the planet and the financial problems of average citizens who can't afford to drive to work anymore and still make their rent and feed their children at the same time. The only way to force fuel corporations to offer us alternatives is going to end up being legislation of some kind.
I don't know anything about the particular bill in question (do you have a link to the text of it so I can read it?), but frankly I'm looking forward to fossil-fuel alternatives.
Mike: I fail to see where RedRaven said "the government knows better than us". In fact, the only reference to the govt. in his post was a reference to a DoE study on crops. How does the one lead to the other?