Tuesday, June 13, 2006

Ethanol is a World topic


Brazil, USA, Europe, China, India, Maurice Island, Caribbean, Canada and a lot more are choosing to produce Ethanol in 2006. The world want to avoid a new petroleum crisis linking to the international tension concerning the Iran nuclear programme, the Nigerian Crisis etc...
Globaly countries want to stop their dependence on oil price which has exceptionally increased this year (2006)...
For example China is planning to use Ethanol as a main source of energy by the end of 2006 to reduce the oil bill of the country which could significantly modify the Ethanol market the next couple years.
France is making test on cars to use Ethanol as a new carburant replacing oil before 2010 using a blend of 85% to 100% Ethanol, the great champion Alain Prost (Formula one) is incharged of this project. The country is the leader in Europe.
In Brazil the government plan to multiply by two its production of Ethanol and export it all over the world. Brazil wants to be the leader of the Ethanol future market being the first producer in the world.
USA is the second producer of Ethanol in the world using corne, maise etc...but its selling price for Ethanol is far more expensive than the Brazilian Ethanol or French Ethanol which is making USA hardly competitive.
2006 will see the beginning of petroleum end, crisis and tension making country think about alternative energies. Who (When and how) will be the first on the international scene, the new gold will be green and that could make totaly differently evolute the world economy.
Jonathan Fredericks

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