Brazil's ethanol drives economy and stability
Brazil and the USA are entering talks to implement a standard for the production and use of ethanol and biofuel.
By implementing such a standard, the Americas would be able to reduce their dependency on imports of oil, increasing self sufficiency and creating more jobs.
The US currently produces ethanol from corn and Brazil gets supplies from sugar cane, but both countries are interested in researching ways to obtain ethanol from other plants.
Sugar-ethanol is the more environmentally friendly form of production, generating fewer emissions and providing greater fuel efficiency.
"The United States and Brazil are the world's two largest biofuels producers so cooperation is natural," Eric Watnik, a US State Department spokesman told United Press International.
"Our goal is to advance global energy security by helping countries diversify their supply," he continued.
According to US government officials, the development of a worldwide standard in ethanol production could create a market alternative to oil, reducing the dominance that the oil market has over the economy.
This would promote greater economic and financial stability in Brazil as it becomes a world leader in this alternative fuel source.
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