The ethanol boom is coming. The twin threats of climate change and energy security are creating an unprecedented thirst for alternative energy with ethanol leading the way. That process is set to reach a landmark on Thursday when the US President, George Bush, arrives in Brazil to kick-start the creation of an international market for ethanol that could one day rival oil as a global commodity. The expected creation of an "Opec for ethanol" replicating the cartel of major oil producers has spurred frenzied investment in biofuels across the Americas. - The Independant, 05 March 2007
15 comments:
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