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Fuel Alternatives - Brazil - Ethanol Program Turns 30
USA - &The Car Connection, by Fernando Calmon -21 Nov 2005: -- This month, the Brazilian ethanol program turns 30 years old. Launched in 1975 in response to the 1973 oil shock, the program, which moved Brazil to ethanol fuel in part, had a hard start but quickly emerged as a success in the years 1979 through 1989. In that ten-year period, up to 95 percent of all cars made in Brazil were ethanol-powered... By 1990 the program began to suffer with lower oil prices, and five years later it slipped to a mere 1 to 2 percent-a symbolic participation by the companies building cars in the country. The program only survived because all gasoline sold in country contains 25% of ethanol, by law... In 2003, with the advent of the flex-fuel vehicle, the market completely turned around. Currently, 70 percent of light vehicle production is flex-fuel powered, and the trend is heading toward 90 percent by 2006. During harvest time ethanol costs half the price of gasoline in Brazil, but at other times and in some regions gas can be cheaper...
posted by Unknown @ 10:30 AM
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