Dan M. wrote: > > It makes sense, that if you take 30% of the supply off the market, > prices will rise substantially. > > Brazil is doing similar things with sugar cane ethanol. > The difference is that Brazil begun the sugar cane program decades ago. At that time, there was also an option to try a biodiesel program, but it was considered economically (and, probably, politically - we were under a relatively totalitarian dictatorship then) inviable.
And the ethanol program only survived the harsh 90s because it was mandatory - at some point, the sugar cane producers stopped producing ethanol and only produced sugar (we were under a relative democracy then). Alberto Monteiro _______________________________________________ http://www.mccmedia.com/mailman/listinfo/brin-l
