Bush Hails Biofuels Pact in Brazil
By DEB RIECHMANN
Associated Press Writer
SAO PAULO, Brazil (AP) -- At a mega fuel depot for tanker trucks, President Bush heralded a new ethanol agreement with Brazil Friday as way to boost alternative fuels production across the Americas. Demonstrators upset with Bush's visit here worry that the president and his biofuels buddy, Brazilian President Luiz Inacio Lula da Silva, really have visions of an OPEC- like cartel on ethanol.
But Bush and Silva said increasing alternative fuel use will lead to more jobs, a cleaner environment and greater independence from the whims of the oil market. In Brazil, nearly eight in 10 new cars already run on fuel made from sugar cane.
story continued
Associated Press Writer
SAO PAULO, Brazil (AP) -- At a mega fuel depot for tanker trucks, President Bush heralded a new ethanol agreement with Brazil Friday as way to boost alternative fuels production across the Americas. Demonstrators upset with Bush's visit here worry that the president and his biofuels buddy, Brazilian President Luiz Inacio Lula da Silva, really have visions of an OPEC- like cartel on ethanol.
But Bush and Silva said increasing alternative fuel use will lead to more jobs, a cleaner environment and greater independence from the whims of the oil market. In Brazil, nearly eight in 10 new cars already run on fuel made from sugar cane.
story continued
posted by anthony m, at Friday, March 09, 2007
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