Brazil, US win: win?

Over on GoG2G; Converting Green to Green, Konrad Imielinski is saying the US Brazil ethanol pact was a win win

I’m not sure about that, at least in the short term: Its only a win win in the sense that the US gave very little of any value to the Brazilians.

Market access is what they want and what US farmers need if American consumers are going to benefit from world priced ethanol rather than High Priced US ethanol.

Consider the subsidies, tax breaks that go into each gallon of ethanol produced in the US from grain… Are US farmers really more important than US drivers?

Hattip to Seekingalpha.

, , , , , , ,

Leave a Reply