Perspective: US Needs to Transition to Hydrous Ethanol as the Primary Renewable Transportation Fuel
Green Car Congress
AUGUST 30, 2009
Brazil, the largest and most populous country in South America, was importing 80% of its oil and 40% of its foreign exchange was used to pay for that imported oil. The government assisted the shift by giving sugar companies subsidized loans to build ethanol plants, as well as guaranteeing prices for their ethanol products.
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