In the North American market, ethanol development stems from corn harvest. There is a continuing debate as to whether food should be used as a fuel. Nevertheless, ethanol development in North America is in its relative infancy when compared to a mature and highly developed ethanol market in Brazil. Ethanol use is more prevalent in Brazil than anywhere else in the world today. Why has it proliferated there and is faltering elsewhere? We will examine the economics and infrastructure critical to producing ethanol in Brazil compared to other markets around the globe.
Case Study: Brazil Ethanol
Why has ethanol succeeded in Brazil? Today it is almost impossible to find a Brazilian gasoline station that doesn't carry ethanol for ...