The Ethanol Diplomacy
This is perhaps one of the most exciting developments behind the George W Bush trip of Latin America this week. One of the areas in which the US and Brasil can collaborate strongly for mutual benefit is on fuels. Brasil is one of the largest producers of ethanol in the world (the other one is the US). Brasilian production is more efficient given its usage of sugar cane, which has much better yields than corn.
Is this the beggining of energy integration in the Americas?
Read the article from the Economist on this topic.