This document summarizes research on using yeast diversity and experimental evolution to develop yeast strains for cellulosic biofuel production. Key points include: - There is genetic diversity within the Saccharomyces genus that can be exploited, including species with better tolerance to toxins produced during biomass hydrolysis. - Hybridization of tolerant non-S. cerevisiae species with engineered S. cerevisiae strains can combine beneficial traits. - Experimental evolution of hybrid strains under hydrolysis conditions leads to strains with improved growth and xylose consumption. - Genome sequencing shows adaptations involve new mutations, chromosomal rearrangements, and changes in gene copy number.