“...no different that Brazil promoting sugarcane ethanol to get them away from OPEC...”
Sugarcane ethanol...gotta be a better deal overall than using food (corn) to make ethanol...using corn for fuel makes our food costs higher...and it downgrades the quality of the fuel. We pay through subsidies, then we pay again at the grocery store.
Sugarcane ethanol obviously is a better conversion than corn. Besides sugarcane grows like a weed in Brazil.
They have been wanting to export sugarcane ethanol to us, but US corn growers block it.