Jul 16th, 2009 - Brazil, Peru Best Set to Gain Elusive Chile Status
NEW YORK, May 12 (Reuters) - Few countries in Latin America can match Chile’s adroit handling of its economic affairs yet Brazil and Peru - one an awakening giant seeking a bigger role on the world stage and the other intent on showing hard work can lift up the poor …
Apr 27th, 2009 - Sugarcane Ethanol Passes Test in California
Sugarcane ethanol passed a critical test late last week as the California Air Resources Board (CARB) approved its long-awaited Low Carbon Fuel Standard (LCFS).
Apr 7th, 2009 - Peru - Latin America’s Energy Frontier: A Special Report from Oil and Gas Investor and Global Business Reports
More than a decade of continuous economic growth, political stability, and a transparent regulatory framework has transformed Peru into a favorite South American destination for oil and gas investors. Download PDF.
Mar 12th, 2009 - Brazil Stays a Step Ahead on Sugar Ethanol
Brazil’s national oil company is sitting on an energy bonanza… But while Petrobras has gotten tons of press for its deepwater offshore discoveries in the past two years, 80 billion barrels of undersea hydrocarbon potential doesn’t impress the Green Chip Stocks team. Instead, this spring’s 87% investment increase in Petrobras’s …
Nov 26th, 2008 - US raises ethanol fuel standard for 2009
The federal government is raising the target for the amount of ethanol used in the US petrol supply to 11.1 billion gallons.
The US Environmental Protection Agency (EPA) has set its 2009 Renewable Fuels Standard at 10.21%, equating to 11.1 billion gallons of ethanol.
The 2008 RFS was 7.76%, or an approximate …
Sep 25th, 2008 - Industry Forecasts Strong Investment in 2008
$2 Billion Could be Invested in Ethanol Production in Peru
$2 billion could be invested in the production of ethanol in Peru in 2008, stated the president of the Peruvian Association of Sugar and Biofuel Producers (APPAB, for its Spanish acronym), Pablo Bustamante.
“The sugar industry will meet the country’s demand …
Jan 29th, 2007 - Drive to produce ethanol steers energy firm to Peru
By Chris Kraul, Times Staff Writer (January 29, 2007)
BOGOTA, COLOMBIA — The domain of snakes, scorpions and scrub brush since time immemorial, a stretch of desert in northwest Peru could soon become an unlikely generator of jobs and local well-being, thanks to the booming U.S. market for ethanol.
At …
Ethanol — particularly sugarcane ethanol — is a clean burning, high-octane biofuel. It is a renewable energy source and can be grown year after year. Pure ethanol, a grain alcohol produced from sources such as corn and sugarcane, is not typically used as a replacement for gasoline. Rather, anywhere from 10-85% ethanol can be integrated into a gasoline supply to reduce both oil consumption and fuel burning emissions that contribute to global warming. Sugarcane has become the primary fuel source for Brazil, a country that has successfully weaned itself from a dependency on foreign oil. Stratos believes that Peru is capable of growing up to twice the amount of sugarcane per hectare (ha)* than an equivalent operation in Brazil.
*A hectare (ha) is a metric unit used to measure area
1 ha = ~2.5 acres
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