U.S., Brazil looking to expand ethanol-use in Latin America, Caribbean

Mon, 2007-03-05 09:00Bill Miller
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U.S., Brazil looking to expand ethanol-use in Latin America, Caribbean

Most ethanol produced in Brazil is made from sugar cane and is much cheaper to make than the corn-based variety nurtured by protective tariffs and government subsidies in the U.S. Politicians from corn-producing areas are already crying foul, fearing the plan would undercut American producers by flooding the market with cheap foreign imports.

A news report, however, says by increasing ethanol production and consumption, particularly in countries that produce sugar, the Bush administration hopes to reduce the region’s overall dependence on foreign oil and take some of the pressure off oil prices.

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There are enough articles on the “myth of peak oil” floating around the Internet to fill a book; and there are enough books on the subject to fill a small library.  One of the common threads throughout these publications is their lack of credible sources, because not only is peak oil real, but we’re rapidly approaching that threshold. 

An example that is smacking the United...

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