Will the U.S. Becoming an Ethanol Exporter Affect Brazil?
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- Renewable Fuels Association; biofuels; United States; Joel Velasco; Brazilian Sugarcane Industry Association; UNICA; Matt Hartwig; domestic; oil; imports; Gal Luft; Institute for the Analysis of Global Security; market; additive; Environmental Protection Agency; EPA; regulations; Obama; tariff; sugar
According to a new study from the Renewable Fuels Association, the U.S. biofuels industry group, the United States is set to become a net ethanol exporter this year, with exports expected to reach 330 million gallons. What is behind this new trend? Is Brazil, which has had to import ethanol due to a domestic shortage, losing market share to U.S. ethanol producers? What future regulatory developments in both countries will influence their export capability?. Experts told us what they think about this topic.