Green Energy/Technology Companies

[Gd2Aussie3]

By terryhallinan on another failing FASC board:

Note: FASC isn't mentioned at all in Brazil. "Brazil and Scandinavia may be next, we'll have to see." LMAO.


Controversy, Benefits of Brazilian Sugarcane Based Ethanol Chemicals and Fuels
http://biz.yahoo.com/iw/080909/0431671.html

This market blurb might have some items of interest for FASC shareholders:
As the Brazilian ethanol industry plans to boost ethanol demand abroad and expand markets, industry participants Cosan, SA (CSAN3.SA) (CZZ - News), Industrial Biotechnology Corporation (Other OTC:IBOT.PK - News), the EPA, John McCain and The Brazilian Sugarcane Industry Association comment on the benefits of sugarcane ethanol.

Brazil is expanding its production and will harvest 12% more cane than last year, with plans to increase ethanol exports 25%. Brazil is currently the second largest producer of ethanol in the world, after the US...

According to Antonio Henrique Prado, manager for International Business Development of Cosan (CSAN3.SA), a Brazil-based company active in the production of sugar and ethanol, "Currently 10% of Cosan's revenues are related to ethanol exports. Even though exports are growing, the robust domestic demand for hydrous ethanol (due to the increasing Brazilian flex-fuel fleet) will likely keep exports importance within Cosan's revenues mix stable in the near term. Over the medium and long-term, exports importance tends to increase."
He notes Sugarcane ethanol provides several advantages over other feedstocks.

He also goes on to say, "The challenge for the Brazilian ethanol industry is to boost ethanol demand abroad, which can be achieved by clarifying the benefits related to sugarcane ethanol adoption and developing alternative suppliers.

"It is our opinion that the current US import tariff on Brazilian ethanol exports compromises the country's capacity to diversify its fuels supplier base and ultimately drains resources from American taxpayers."

Presidential candidate John McCain recently quoted in an interview with a Brazilian newspaper stated, "We made a series of mistakes by not adopting a sustainable energy policy, one of which is the subsidies for corn ethanol, which I warned in Iowa were going to destroy the market and contribute to inflation. Besides, it is wrong to tax Brazilian-made sugarcane ethanol, which is much more efficient than corn ethanol."

EPA Administrator Stephen L. Johnson recently announced the decision to deny a request submitted by the State of Texas to reduce the nationwide Renewable Fuels Standard (RFS). As a result, the required total volume of renewable fuels, such as ethanol and biodiesel, mandated by law to be blended into the fuel supply will remain at 9 billion gallons in 2008 and 11.1 billion gallons in 2009...