Wrong. It depends on the current world price of sugar. When sugar is up Brazil imports oil to offset the increased demand of sugar. when the price is down they produce ethanol.
Also you're making the mistake of comparing ethanol from sugar to ethanol from corn or other material. It's way easier and cheaper to produce ethanol from sugar cane then corn.
Too bad the corn & sugar mafia won't let us.
But it would be a very neat & quick way to kiss the sheik goodbye.
I only wish Bush was doing that when we saw him kissin' him.
How dare you question kellynla. Brazil is exactly like the US. Corn is exactly like sugar cane.
"Wrong. It depends on the current world price of sugar. When sugar is up Brazil imports oil to offset the increased demand of sugar. when the price is down they produce ethanol."
you oughta know better than to tell me I'm wrong without documentation.
"Not only does Brazil no longer have to import oil but an estimated $69 billion that would have gone to the Middle East or elsewhere has stayed in the country and is revitalizing once-depressed rural areas."
http://money.cnn.com/magazines/fortune/fortune_archive/2006/02/06/8367959/index.htm