[Rakkasan1]

Maybe Congress should issue war bonds again. this time the $ goes to fund bio-fuel research and people can put their money where their mouths are. Only 15% of Brazil transportation fuel comes from ethanol. Although the majority of the cars sold there today are flex fuel cars, they only make up less than 8% of the vehicles in Brazil.

Brazil Sugar Ethanol Update – February 2006, USDA Foreign Agricultural Service

http://www.fas.usda.gov/gainfiles/200602/146176783.doc

[kellynla]

"With Brazilian ethanol selling for 45% less per liter than gasoline in 2003 and 2004, flex-fuel cars caught on like iPods. In 2003, flex-fuel had 6% of the market for Brazilian-made cars, and automakers were expecting the technology's share to zoom to 30% in 2005. That proved wildly conservative: As of last December, 73% of cars sold in Brazil came with flex-fuel engines. There are now 1.3 million flex-fuel cars on the road. "I have never seen an automotive technology with that fast an adoption rate," says Engle."

http://money.cnn.com/magazines/fortune/fortune_archive/2006/02/06/8367959/index.htm