Grain-Based Ethanol Financing is Not 'Tapped Out'
By George Svonja
May 22, 2007
By John Eustermann and Randy Shefman
May 22, 2007
The goal behind the United States-Brazil renewable energy accord is to establish renewable fuels as an internationally traded commodity with the intent to expand biofuels use in the Western Hemisphere. Will this alignment of interests harmonize global commerce within the biofuels sector, or will it pose as a catalyst for political positioning?
Some experts fear that the proliferation of coal-to-liquid fuels threatens to debase whatever carbon benefits renewable ethanol carries. Others think it might squeeze out the corn players altogether.
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