RIO DE JANEIRO, BRAZIL - At a time when oil is suffering from a global supply shock, ethanol could become a less volatile and more competitive alternative to gasoline in Brazil, according to sector experts and companies interviewed by CNN Brasil.
They argue for more investment in ethanol production because it is cheaper than gasoline and a renewable fuel with neutral greenhouse gas emissions.
The general director of the Brazilian Agricultural Research Corporation (Embrapa), Marcelo Morandi, points out that ethanol production could almost double in the next decade, reaching nearly 50 billion liters per year.
According to Morandi, production in 2021 . . .