Biofuels: Strong PotentialSugarcane ethanol from Latin America needs to be an integral part of the United States’ energy strategy.Thursday, August 14, 2008 ![]() The new federally-mandated Renewable Fuel Standard (RFS) calls for the United States to raise its annual biofuel production from 6.5 billion gallons per year (bgy) in 2007 to 36 bgy by the year 2022. This is a tremendous undertaking in terms of investment required, construction activity and infrastructure development. Corn ethanol alone will not suffice to reach that goal. In addition to corn ethanol’s environmental and cost shortcomings, (...) it is widely accepted by the corn industry and the federal government that U.S. corn ethanol production will not exceed approximately 15 bgy in 2022. Source: Latin Business Chronicle Development of Bio-fuel plan moves ahead in El SalvadorOctober 2008 The United States Government made the announcement to the companies that carried out feasibility studies. Central America Seeks to Unify Biofuel StandardsSeptember 2010 The region is analyzing technical and environmental criteria for biofuel production. Guatemala: Ethanol Exports Fell by 26% Between 2008 and 2010September 2011 Despite the decrease in the last two years, a rebound is expected towards the end of 2011. Oranges Enter Biofuel BusinessMarch 2009 Orange scraps show the promise of producing ethanol at reasonable prices and Central America, a leading producer of citrus, can benefit. |
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