From Yahoo! News, a newfound fungus living in rainforest trees makes biofuel more efficiently than any other known method, researchers say.

In fact, it’s so good at turning plant matter into fuel that researchers say their discovery calls into question the whole theory of how crude oil was made by nature in the first place. While many crops and microbes can be combined to make biofuels - including the fungi that became infamous as jungle rot during WWII - the newfound fungus could greatly simplify the process, its discoverers claim. Researchers have suggested that billions of acres of fallow farmland could be used to grow the raw material of biofuels. But turning corn stalks or switchgrass into fuel is a painstaking process and the end product is expensive and not entirely friendly to the environment. The fungus, which has been named Gliocladium roseum, stands out in the crowd.

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