GreenWood Resources has licensed an Oak Ridge National Laboratory technology based on the discovery of a gene in poplar (Populus trichocarpa) that makes it easier to convert poplar trees into biofuels. GreenWood, a global timberland investment and asset management company based in Oregon, plans to commercialize the technology to select and breed better varieties of poplar with less lignin content, which simplifies the conversion process and ultimately lowers the overall costs of biofuel production.