GAF

BRAZIL AND US CAN FORM ALLIANCE TO ESTIMULATE BIOFUEL PRODUCTION AND CONSUMPTION

The chief economist of the US Grains Council, Mike Dwyer, proposed a panel discussion on bioeconomics at the Global Agribusiness Forum in Sao Paulo on Tuesday, , that Brazil and the United States work together to stimulate production and consumption of biofuels in the world. Together, both countries, for example, account for 80% of ethanol production and consumption on the globe.

Brazilian ethanol originates from sugarcane and the North American from corn. "We need alliances," Dwyer said, adding that the Brazil-US partnership could facilitate persuasion with other countries. In addition, according to Dwyer, the RenovaBio may be an example of public policy to encourage biofuels in other nations.

Moderator of the panel, André Rocha, president of the National Forum of the Sugarcane Sector, said that the North American proposal is welcome. In his presentation the deputy-federal and president of the Biodiesel Parliamentary Front, Evando Gussi, criticized misinformation about Brazilian agribusiness.

Also a panel speaker, Luis Roberto Pogetti, president of the Copersucar Council, estimated that between 10 and 15 years Brazil should double the productivity of sugarcane plantations, through new varieties and advances in biotechnology.