The present invention is directed to improved systems and methods for reducing costs and increasing yields of cellulosic ethanol. In particular, the present invention provides plants genetically transformed for increased biomass, expression of lignocellulolytic enzymes, and simplification of harvesting and downstream processing. Also provided are methods for using these transgenic plants in the production of clean, marketable feedstocks for production of renewable fuels and chemicals and in other applications including phytoremediation.