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Today in Biofuels Opinion: “To demonstrate leadership, the United States should lift its tariff on Brazilian ethanol that now shelters the U.S. industry”

July 4, 2008

Sen. Richard Lugar of Indiana: “Increased political interference puts upward pressure on price and could eventually cause shortages in countries least able to cope. To demonstrate leadership, the United States should lift its tariff on Brazilian ethanol that now shelters the U.S. industry“.

The Guardian (UK): “Biofuels have forced global food prices up by 75% — far more than previously estimated — according to a confidential World Bank report obtained by the Guardian. The damning unpublished assessment is based on the most detailed analysis of the crisis so far, carried out by an internationally-respected economist at global financial body.

  • Iowa Senator leads effort to close loophole circumventing Brazilian ethanol tariff
    • In Washington, Sen. Chuck Grassley is leading an effort to close a loophole allowing oil companies to circumvent the tariff on Brazilian ethanol. The loophole allows oil companies to receive a rebate ...
  • UN Development Program calls on US, Europe to drop barriers to Brazilian ethanol
    • The United Nations Development Program called today for the elimination of the Brazilian ethanol tariff imposed by the US and Europe. The UNDP report said that Brazilian ethanol reduces greenhouse gas...
  • Florida Governor Crist calls for reduction of Brazilian ethanol tariff
    • In Brazil, Florida governor Charlie Crist said that he opposed the Brazilian ethanol tariff and would lobby the state's Congressional delegation to reduce it.  The 54 cent per gallon tariff is sche...
  • Food processors band together to eliminate ethanol tariff
    • Minnesota Public Radio ran a report on lobbying efforts by food-related organizations supporting the elimination of the 54-cent ethanol tariff; the importation of cheap Brazilian ethanol into the Unit...
  • Today in Biofuels Opinion: “Until Brazil takes full advantage of its ability to export ethanol duty-free, I don’t see why we should give Brazilian ethanol more generous treatment.”
    • Senator Chuck Grassley of Iowa: "Besides the fact that the ethanol tariff is perfectly in line with WTO obligations...Brazil has yet to even take advantage of exporting ethanol duty-free to the United...
  • Former Fla. Governor Jeb Bush re-states call for elimination of the tariff on Brazilian ethanol
    • Former Florida Governor Jeb Bush, speaking at the Americas Conference in Miami, re-stated a call for elimination of the tariff on Brazilian ethanol. He said that "creating a true [biofuels] market wit...

    Written by Jim Lane · Filed Under Opinion 

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