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November 20, 2005
Brazil is ruling the Ethanol markets, watch out
Here is a recently translated article from Exame, Brazil's equivalent of Business Week. 2005-06-22, Exame 845, 'New cycle for sugar cane'. Basically Brazil can produce Ethanol today for half the cost of the US. And a third the cost of Europe. America's Ethanol industry is protected and the politics are all tied up in sugar, etc. If we didn't have those protections, Americans today could be driving ethanol cars and buying fuel for less than the cost of petroleum gas TODAY. This is one area in which the government protection is NOT helping consumers or our national security.
Posted by Martin at November 20, 2005 9:59 AM
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