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The beginning of a new international trading platform for bioethanol is expected to be announced on Friday, when US president George W Bush meets with Brazilian president Luiz Inacio "Lula" da Silva.
The announcement is in line with Bush's State of the Union address on 24 January 2007, when he announced that the US will cut its gasoline use by 20% over the coming decade, largely by requiring the use of 35 billion gallons of renewable and alternative fuels – including ethanol and hydrogen.
Bush to Back Bioethanol - But Benefits Are in the Balance
Seeded on Tue Mar 6, 2007 2:30 PM EST
Article Source: New Scientist- Enjoy this article? Help vote it up the 'Vine.
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