Marcos Jank, the President of the Brazilian ethanol organization UNICA, said that the Brazilian ethanol industry is unsubsidized, offers an E100 fuel at $1.00 per gallon below gasoline, and has nearly 100% distribution of E100.
Jank added that Brazilian food industry is growing faster than the ethanol industry, that the ethanol industry uses 2.5 percent of Brazil’s arable land, and that 50 percent of Brazilian cars will be flex-fuel enabled by 2012, up from 20 percent today. Jank was speaking with Emerson Fittipaldi at an Ethanol Summit organized in conjunction with the Indianapolis 500, which features E100 cars.
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