In Europe, not so much…
Brazil, which has to a large degree lead the ethanol charge because of its ability to use sugar cane for ethanol production rather than corn, now relies on the biofuel for 16% of its energy needs. This puts ethanol at #2 in Brazil for largest energy sources, right ahead of hydroelectric, which accounts for 14.7% of electricity production. Both of these sources, however, are behind petroleum, which is the largest energy producer in Brazil.
In the US, on the other hand, ethanol still does not play such a prominent role, even though 23.7% of the annual corn crop is going to create biofuels. The market share that ethanol commands in the US will likely only increase, especially as new technologies allow for the production of cellulosic ethanol and sources other than corn come into vogue.
Posts Related to Ethanol and the Food vs. Fuel Debate:
- USDA Says Ethanol Accounts for Only 3% of Increased Cost of Food
- “Perfect Storm” Inflating Food Prices Worldwide
- Biodiesel Myth (Or Fact?) #23: Biodiesel is Raising Food Prices
- Europe’s EPA Advises Suspending Biofuel Targets
- 2015: 30% of US Corn Harvest Will Be Gasoline