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Brazil to Invest $35.4 Billion in Sugar-Cane Fields for Fuel

Bloomberg -- Brazil’s government plans to boost investment in sugar-cane plantations by 60.5 billion reais ($35.4 billion) during the next four years to ensure an adequate supply of crops for the nation’s ethanol industry.

The government plans to introduce measures aimed at spurring the renewal of 6.4 million hectares (15.8 million acres) of aging plantations and the development of 5.2 million hectares of new fields, the Ministry of Agriculture said today on its website. It didn’t say when the policies will be announced.

Brazil is seeking to boost cane production after a shortage of ethanol drove up prices last year and prompted the government to cut the amount of the renewable fuel that must be blended into gasoline, according to Salim Morsy, an analyst at Bloomberg New Energy Finance.


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Submitted Feb 26, 2012 By: Mudsprings
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Brazil to Invest $35.4 Billion in Sugar-Cane Fields for Fuel Back to Topics
REPLIES (newest first) Post a Reply
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Mark8601
Champion Author Bakersfield

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Message Posted: Feb 27, 2012 2:40:11 AM

Well if ethanol can't be made out of the cane, then they could try making booze out of it.
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ExplorerWA
Champion Author Washington

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Message Posted: Feb 26, 2012 9:14:44 PM

At least were not investing $35.4 Billion in it. Good luck Brazil with that.
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PhilMils
Champion Author Virginia

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Message Posted: Feb 26, 2012 6:33:40 PM

For the engines available in the US, I'm no fan of ethanol. That said, sugar cane is far more efficient than corn when it comes to making ethanol.
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greywolves
Champion Author Las Vegas

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Message Posted: Feb 26, 2012 10:26:11 AM

apparently brazilian cars aren't damaged by ethanol.
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dsaine
Champion Author North Carolina

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Message Posted: Feb 26, 2012 5:57:41 AM

Hmmmmmmm.
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ReddevilNO
Champion Author New Orleans

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Message Posted: Feb 26, 2012 4:59:12 AM

Very Interesting!!!!
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SparkieMi
Champion Author Kalamazoo

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Message Posted: Feb 25, 2012 11:58:59 PM

Interesting...
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speedys
Champion Author Utah

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Message Posted: Feb 25, 2012 11:57:24 PM

No more ethanol.
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lesndave
Champion Author Texas

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Message Posted: Feb 25, 2012 11:54:04 PM

Just get rid of the ethanol!!
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Bleeder
Champion Author Virginia

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Message Posted: Feb 25, 2012 11:48:00 PM

Wrong. Pure cane wrong.
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kcboy
Champion Author Utah

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Message Posted: Feb 25, 2012 11:46:55 PM

More food for fuel
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JENNYHK
Champion Author Chicago

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Message Posted: Feb 25, 2012 11:46:43 PM

OK.
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BarryAClarke
Veteran Author Indiana

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Message Posted: Feb 25, 2012 11:45:43 PM

There we ago again with authors who have low post numbers to gain points with thier stupid one word replies such as "OK" applied to just about article...............
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LocalSpyGuy
Champion Author Tampa

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Message Posted: Feb 25, 2012 11:44:35 PM

It saves on dependence of foreign oil.
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30mpg80
Champion Author Lexington

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Message Posted: Feb 25, 2012 11:42:03 PM

Will all that acreage come from destroyed rain forest?
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10k
Champion Author North Carolina

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Message Posted: Feb 25, 2012 11:41:33 PM

i care what happens in this country-i don't give a darn about brazil and their ethanol crap..give me E0 here everyday..
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SUSANCK
Champion Author Chicago

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Message Posted: Feb 25, 2012 11:41:04 PM

Ok.
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yakstar
Champion Author Montreal

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Message Posted: Feb 25, 2012 11:39:57 PM

hot sugar
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NHLiveFree
Champion Author New Hampshire

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Message Posted: Feb 25, 2012 11:35:19 PM


It is a shame this ethanol can't be mixed with or simply substituted for home heating oil for us unfortunate few that don't have natural gas distributed to our communities and neighborhoods.

Hope the Brazilian govt. has set a limit on how far they will continue up the Amazon as they clear more and more of their rain forest lands.
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carnifolks
Veteran Author New Jersey

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Message Posted: Feb 25, 2012 11:34:21 PM

much brighter than using corn
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abacus44
Champion Author Toms River

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Message Posted: Feb 25, 2012 11:33:50 PM

There goes the rail forrest.
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mfeldstein
Champion Author Ottawa

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Message Posted: Feb 25, 2012 11:33:38 PM

Ban ethanol.
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Buddy2264
Champion Author Tampa

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Message Posted: Feb 25, 2012 11:32:43 PM

Sugar cane produces more ethanol and we should be using that in the US - first. If not then we import it. Corn it not the total answer for the US. However Brazil should not destroy the forests for the production of sugar cane.

[Edited by: Buddy2264 at 2/26/2012 12:33:49 AM EST]
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ILANGE9
Champion Author Illinois

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Message Posted: Feb 25, 2012 11:32:32 PM

amearly asks a great question.
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jimgraham
Champion Author Akron

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Message Posted: Feb 25, 2012 11:32:03 PM

Right.
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1178richmond
Champion Author New Jersey

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Message Posted: Feb 25, 2012 11:31:36 PM

ok
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CDMAuto
Champion Author Connecticut

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Message Posted: Feb 25, 2012 11:31:24 PM

TBONE3 has hit the nail on the head!
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singlemom27
Champion Author Ventura

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Message Posted: Feb 25, 2012 11:31:19 PM

I saw this on the Discovery Channel. Wish we had a better climate for sugar cane; it's a far more efficient energy source than corn.
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chuckwthompson
Champion Author Charlotte

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Message Posted: Feb 25, 2012 11:27:30 PM

TBONE3 has hit the nail on the head!
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danreino
Champion Author Twin Cities

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Message Posted: Feb 25, 2012 11:25:54 PM

What does Gr$$npeace say about chopping down the Brazilian Forest ? Maybe a nice paid vacation in Tahiti and a cup of STFU. $$$$$ talks.
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TheSicilian
Champion Author Jacksonville

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Message Posted: Feb 25, 2012 11:25:45 PM

how nice we don't want ethanol
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ramshot412
Champion Author Riverside

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Message Posted: Feb 25, 2012 11:25:42 PM

OK, now Brazil is out to destroy our car engines...Don't worry boehner says there's a tariff for that...
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jem069
Champion Author Detroit

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Message Posted: Feb 25, 2012 11:25:24 PM

Ok
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Tiernan
Champion Author Chicago

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Message Posted: Feb 25, 2012 11:25:00 PM

Sounds like their government is just as confused as ours!
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TBONE3
Champion Author Pennsylvania

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Message Posted: Feb 25, 2012 11:24:31 PM

Good for Brazil! I still do not relish Ethanol in my tank unless by having it in the gas, the price per gallon drops by 50 cents to a buck a gallon. That may make up the for the drop in MPGs.
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Bigwaynef
Champion Author South Carolina

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Message Posted: Feb 25, 2012 11:23:17 PM

OK, now Brazil is out to destroy our car engines...Don't worry Obama says theres a tax for that...
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HKL
All-Star Author Wilmington

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Message Posted: Feb 25, 2012 11:21:24 PM

ok
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Bonnie24TX
Rookie Author El Paso

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Message Posted: Feb 25, 2012 11:21:03 PM

How safe is this for your car? If this is a safe with "no stings attached" alternative full to help Brazil and we remain friends to help stamp out drugs,-- negotiations and trials could be set perhaps. Sounds like a good resource Brazil with very intelligent research.
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panj
Champion Author Pennsylvania

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Message Posted: Feb 25, 2012 11:20:54 PM

while our government is doing everything it can to stop our mobility. brilliant!
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76chevy
Champion Author Toledo

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Message Posted: Feb 25, 2012 11:20:46 PM

ok
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pgerassi
Champion Author Milwaukee

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Message Posted: Feb 25, 2012 11:20:23 PM

Good!
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herndonks
Champion Author Baltimore

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Message Posted: Feb 25, 2012 11:20:02 PM

Does this make sense?
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quasar502
Champion Author Lansing

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Message Posted: Feb 25, 2012 11:18:47 PM

Thy were the leaders in ethanol production.
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abs578
Sophomore Author London

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Message Posted: Feb 25, 2012 11:18:45 PM

good for them
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KnoxGasPriceSpy
Champion Author Knoxville

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Message Posted: Feb 25, 2012 11:17:29 PM

oh well...
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Batman302
Champion Author Wilmington

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Message Posted: Feb 25, 2012 11:16:27 PM

So they will be cutting down more rain forrest to plant sugar cane now.
Idiots.
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Jumpmaster82
Champion Author South Carolina

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Message Posted: Feb 25, 2012 11:16:14 PM

good for them, just keep the stuff down there!!
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SparkieMi
Champion Author Kalamazoo

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Message Posted: Feb 25, 2012 11:16:12 PM

Interesting....
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amearly
Champion Author Michigan

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Message Posted: Feb 25, 2012 11:16:06 PM

So if they have this much money to invest why did we give them money for oil investment?
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southrob
Champion Author Tucson

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Message Posted: Feb 25, 2012 11:15:32 PM

ah ha the greenies got em down there also.
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