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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: elmatador who wrote (72299)	1/31/2010 5:39:32 PM
From: Snowshoe	of 74559

Hi Elmat, I see Brazil is stimulating the global economy by buying lots of equipment from General Electric... GE To Sell Brazil Ethanol Co Cosan 50 Locomotives For $130 Million nasdaq.com GE to supply Breitener with natural gas engines Brazil's Breitener to upgrade power plants with GE engines to cut emissions finance.yahoo.com Brazil Energy Milestone: GE, Petrobras Using Sugarcane-Based Ethanol to Produce Electricity finance.yahoo.com That GE ethanol power plant is especially interesting! Given Brazil's rapidly growing economy and rising energy demand, I think you'll be able to use up all that ethanol locally and won't need to export much, if any. The USA can even send you some corn ethanol to tide you over your current seasonal shortage. But of course you'll have to cut that 20% tax on ethanol imports to Brazil. It was really quite naughty of you to complain for years about the USA import tariff, while never admitting that Brazil does likewise. Tsk tsk... ;) Brazilians call for cut to 20% ethanol import tax The Brazilian Sugarcane Industry Association, Unica, is calling for the elimination of a 20% import tax on ethanol as domestic stocks are depleting and prices at the pump are on the rise. see: Message 26288508

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