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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 421.32-0.5%Jan 16 4:00 PM EST

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To: Moominoid who wrote (35329)6/1/2008 6:29:04 AM
From: elmatador  Read Replies (1) of 219449
 
There are so many fronts fighting sugar cane ethanol with a variety of lines of argumentation;

Use slave labor.
It is subsidized by government
Only flies because it is mandated
It is causing deforestation
It doesn't cut CO2
It is causing food prices to raise

The token approach the US did with corn sent cold up spines of many strong entrenched special interests.

They are fighting back like crazy.

Brazil raises its voice a little to defend ethanol lately. But its stance is:

Let the market force ethanol down the tanks of the consumers. Let them suffer then they come to ethanol and forget about all the argumentation.

Reading the news about fuel protests in Europe, shows Brazil is right. Let the market teach the world a lesson.

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