Bioenergy is fairly recognized as not only a necessity, but an inevitable path to secure the planet future energy needs. There is however a global consensus that the overall feasibility of bioenergy will require an integrated approach based on diversified feedstocks and conversion processes. As illustrated in the Brazilian experience, the thrust of any bioenergy program should be centered on the principles and criteria of sustainable production. In general the trends are towards exploiting low value cellulosic materials to obtain high-end value energy products. To this end, it is expected that scientific or technical innovation will come to play a critical role on the future prospects and potential of any bioenergy initiative.