The logical thing is to let the market decide. Mandates only lead to boondoggles. When the appropriate biofuel is commercially viable, consumers will demand it.
Letting the market decide rarely works. Remember when seniors...being “the market” decided they wanted to import cheaper drugs from Canada and the Pharmies put a stop to it?
Seniors here in the US got fisted by whom? “the market”, Big Pharmies? US government?
Mandates?
Yes, they’re weaning brazil off of terror-dollars spent with OPEC.
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“Yet countries wanting to follow Brazil’s example may be leery about following its methods. Military and civilian leaders laid the groundwork by mandating ethanol use and dictating production levels. They bankrolled technology projects costing billions of dollars, despite criticism they were wasting money. Brazil ended most government support for its sugar industry in the late 1990s, forcing sugar producers to become more efficient and helping lower the cost of ethanol’s raw material. That’s something Western countries are loath to do, preferring to support domestic farmers.
With government support, sugar companies and auto makers’ local units delivered cost-saving breakthroughs. “Flexible fuel” cars running ethanol, gasoline or a mixture of both, have become a hit. Car buyers no longer have to worry about fluctuating prices for either fuel because flex-fuel cars allow them to hedge their bets at the pump. Seven out of every 10 new cars sold in Brazil are flex-fuel.”