Trump Angering Big Oil

(edited)

The Trump administration lifted restrictions on the sale of higher ethanol blends of gasoline, keeping a campaign promise to farmers suffering from the trade war with China but inviting a legal challenge from the oil industry.

The announcement will allow gasoline stations to sell blends containing up to 15 percent corn-based ethanol, called E15, year-round, ending a summertime ban that President Barack Obama’s Environmental Protection Agency imposed in 2011 to reduce smog pollution.

https://uk.reuters.com/article/us-usa-biofuels-ethanol/trump-lifts-curbs-on-e15-gasoline-to-help-farmers-angering-big-oil-idUKKCN1T11BN?rpc=401&

Edited by AdrianC

Share this post


Link to post
Share on other sites

6 minutes ago, AdrianC said:

The Trump administration lifted restrictions on the sale of higher ethanol blends of gasoline, keeping a campaign promise to farmers suffering from the trade war with China but inviting a legal challenge from the oil industry.

The announcement will allow gasoline stations to sell blends containing up to 15 percent corn-based ethanol, called E15, year-round, ending a summertime ban that President Barack Obama’s Environmental Protection Agency imposed in 2011 to reduce smog pollution.

https://uk.reuters.com/article/us-usa-biofuels-ethanol/trump-lifts-curbs-on-e15-gasoline-to-help-farmers-angering-big-oil-idUKKCN1T11BN?rpc=401&

Seems to be a bit late, but then again this plays into to USAs need to produce Oil.

How Brazil Turned Ethanol Into A Unique Success

As the U.S. debates the pros and cons of producing more ethanol as fuel for vehicles, those looking for an ethanol success story have a prime example: Brazil, which rose in a few decades to sixth place among the world's biggest economies thanks in part to the vegetable-derived fuel.

Brazil is an anomaly in a global economy fueled by petroleum, having effectively weaned itself off of foreign oil imports by 2006, in part due to the development of its ethanol industry, beginning in the 1970s.

 

While much attention has been paid to Brazil’s energy model, no other country has yet been able to replicate it.

“Brazil is unique,” said Terry McInturff, director of the Energy Commerce Program at Texas Tech University. “Ethanol is very much a niche there because of the geography and climate. It’s a huge country with ideal growing conditions for sugarcane,” the main crop from which most Brazilian ethanol is derived.

Nevertheless, Brazil’s ethanol industry continues to be an important driver of economic growth and represents an innovative solution to mitigate the problem of increasingly scarce fossil fuels.

https://www.ibtimes.com/how-brazil-turned-ethanol-unique-success-1064308

Share this post


Link to post
Share on other sites
Sign in to follow this  
Followers 0