Think about the problems this new biofuel could tackle.

Peak Oil? Forget it. Solved.

Global Warming? Forget it. Solved.

Export of dollars overseas for energy? Forget it. Solved.

Failure of the Big Three Automakers to adapt to a new world? Forget it. Solved.

Risks to American National Security due to funding both sides of the world? Forget it. Solved.

Average Americans' financial challenges in face of skyrocketing gas prices? Forget it. Solved.

My sleepless nights concerned about the above? Forget it. Solved.

Time to roll over and go back to sleep? Forget it. At least for now.

I am a techno-optimist (at least to some degree). I believe that scientists and engineers provide part of our solution paths forward. I believe (know) that there are tremendous things being developed in laboratories and garages around the world that will help us (the US) deal with the challenges we face. Yet (that "but"), I am leary of leaping upon the latest news, the item from the laboratory, the newest press release that screams "PROBLEM SOLVED" because, for whatever reasons, those miraculous answers all too often head back to the laboratory, turn out to be more difficult and costly than first described, and end up doing less than imagined.

This is the "Silver Bullet" solution concept, the idea that there is something magical out there, one single path toward solving all our problems. Silver Bullets are often thrown out when it comes to Peak Oil. When it comes to gasoline problems, for example, the Republican solution path is to feed what George W. Bush called our oil addiction and empty America's limited oil reserves through a crash program of DRILL! DRILL! DRILL! (Of course, they won't mention that this drilling program will have no influence on prices for years and perhaps only a 1-2 cent impact 15 years from now.)  Vinod Khosla has been making a lot of news (and making real investments) in the idea that biofuels will be the Silver Bullet for awhile now.   And, he might be right ... he might be ... But, what if he is not?  What if we (the world) seized upon this magical bug and said: full stop on everything else, problem solved?   If Khosla is right, problems solved and I can roll over and go back to sleep. If not?

The other idea is the Silver BB, that there are a myriad of responses and answers to our challenges. Each Silver BB (and silver speck of dust ... do you compost?) is part of the a larger, system-of-systems, holistic response to our global challenges (energy, water, global warming, food, economic development, etc ...).  And, if a Silver BB turns out to be a false path, to not be a precious metal but something less, then we continue with our other approaches, not having made a bet on that single Silver Bullet.

We must continue to tackle our challenges in a holistic manner.  We must tackle energy efficiency.  We must look toward paths for retiring coal from the electrical system. We must pursue renewable energy. We must look toward non-oil based transportation paths. We must ... approach our challenges in a holistic, system-of-system manner. And, we should do this in a flexible, (mainly) technology-neutral fashion, ready to incorporate (and even embrace)  Silver Specks of Dust that might turn into Silver BBs and that might ... might ... might ... turn into true Silver Bullets that change the game.

Will Khosla's bugs solve humanity's problems?  Maybe. And, I might even bet some bucks on it. But I won't bet our future.