Brazil embarks on biodiesel
In an effort to complement its world-leading ethanol production, Brazil is looking to embrace biodiesel and meet a goal of producing 855 million liters per year by 2011. To do so, Petroleum Brasil (more commonly known as Petrobras), the state-owned oil company, is looking to build 15 new biodiesel plants in several different regions of the country. Petrobras stated it has already received environmental authorization to build three.Brazil's push for biodiesel comes in the form of legislation as well. The South American country has implemented a mandate to mix two percent biodiesel to its petroleum-based diesel fuel by 2008. In 2013, this is set to increase to five percent, though, the government is conducting studies to move that up to 2010.
[Source: Platts]
Reader Comments (Page 1 of 1)
shakybarnes 12:16AM (9/26/2006)
*** In an effort to complement its world-leading ethanol production ***
Actually I believe the Unites States is ahead of Brazil by now in ethanol production, I guess that makes us the world-leading ethanol producer. At least, if we haven't quite passed them already we are on the verge of it, and will imminently be leaving them in the dust.
And hell, we don't even care about ethanol. It's amazing how much productive capacity we have when we get around to doing something.
Reply
Howard Lee Harkness 1:10PM (9/26/2006)
Good news. The folks in Brazil are about to demonstrate to the world just how much more economical biodiesel is, compared to ethanol. That will be interesting to watch.
Reply