The first time I watched this, I didn't realized it was Google co-founder Larry Page himself who introduced the speaker.

Vinod Kholsa, the speaker on this video, is not an idle dreamer.

Co-founder of Sun Microsystems and General Partner at Kleiner, Perkins, Caufield & Buyers, he is considered one of the most successful and astute of Silicon Valley's venture capitalists.

Must we be dependent on foreign oil to fuel our cars? Are we compelled to destroy our environment with highly toxic car exhaust? Will it take decades and hundreds of billions of dollars to re-tool the US economy to run on alternative fuels?

No, no, and no.

Fact: South Dakota alone has the potential to produce as much fuel energy as Saudi Arabia
Fact: It costs $30 to convert a standard automobile to a flex-fuel one that will burn biomass fuels
Fact: Biomass fuels burn much cleaner than petroleum-derived fuels
Fact: Brazil has already gone from 4% flex-fuel cars to 80% in just three years
Fact: We can replaced 40% of the petroleum we currently burn in our cars and light trucks in just five years, not the fifty years oil companies and government officials would have us believe.

Best of all, we can get started right now with the technology we already have...