Home arrow Media Room arrow IBC in the News arrow Florida, IDB, Brazil, Push for Ethanol (12/18/2006)
Florida, IDB, Brazil, Push for Ethanol (12/18/2006)
Date: December 18, 2006

Author: Laura Wides-Munoz 

Source: Associated Press 

CORAL GABLES -- In one of his last initiatives as governor, Jeb Bush on Monday announced the creation of the Interamerican Ethanol Commission to promote the use of the alternative fuel throughout the Americas and slowly wean the region off gasoline.  Bush said his support for ethanol was shaped by watching the suffering of Floridians through eight hurricanes in the last two years and the resulting damage caused by a temporary loss of fuel supply. 

``Wouldn't it be nice to have alternative sources of fuel as we prepare for hurricanes?'' he told reporters. 

Also launching the commission was Luis Alberto Moreno, head of the Interamerican Development Bank, and former Brazilian agriculture minister Roberto Rodrigues, who now heads the country's agribusiness council. 

``For the last 35 years, I have been thinking how stupid has been humankind to build a whole civilization over oil, which is something that is going to finish one day,'' an emotional Rodrigues told a crowd of more than 100 mostly business leaders at the Biltmore Hotel.

Rodrigues said in the coming months the group will begin presenting ``road shows'' on ethanol throughout Latin America.

Bush leaves office in January. He said increased ethanol consumption will reduce the nation's dependence on foreign oil, help improve the environment and provide a powerful catalyst for poor nations to ``grow their own energy.''

But some experts have questioned whether a sufficient amount of ethanol could be produced to make a significant dent in oil consumption.

The governor said it makes sense for Florida to work with Brazil, because the South American country, along with the U.S., leads the world in ethanol production and technology. It meets roughly half its fuel demand with ethanol, mostly made from sugar cane. Brazil is also Florida's top trading partner, with $10.9 billion in trade last year.

Bush acknowledged that broadening the ethanol push nationally is a tough sell, especially in the Midwest, which receives billions of dollars in U.S. subsidies for corn production, a major source of ethanol. 

``You can see how agriculture producers in our country worry about ideas that takes away some of their protection,'' he said, joking that the unpopularity of his stance in the Midwest was ``living proof that I'm not running (for president.)'' 

But he added that expanding the worldwide consumption of ethanol will create plenty of opportunities for U.S. producers. 

``There's no possible way that Brazil by itself or the United States by itself could expand capacity that quick. So a level of cooperation I don't think is threatening for American agriculture,'' he said. ``In fact I think it will yield lowering of cost and expansion of markets.''

Copyright © 2006, South Florida Sun-Sentinel  

 
< Prev   Next >