FUEL: Brazil seen supplying 10% of global ethanol by 2025

iStockAnalyst.com
Friday, March 26, 2010 3:51 AM
(Source: Investnews; Sao Paulo)

SAO PAULO, 3/26/10 - Brazil's sugar cane ethanol might replace between 5% to 10% of the gasoline consumed worldwide by 2025, said Luis Cortez, a professor at the Agricultural Engineering Faculty of Unicamp university. According to Cortez, renewable sources already supply 46% of Brazil's energy demand (3.5 times more than the global percentage of 13%) and sugar cane accounts for 15% of it. Ethanol production, which has risen from the need to find alternative energy sources after the 1970's oil crisis, is about to enter a growth cycle, the expert added.

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