Debating the Brazilian Ethanol Tariff; The Weak Dollar and Foreign Investment

As American politicians try to prove to their constituents that they are addressing high gasoline prices this summer, the debate over increasing Brazilian ethanol imports has gotten more traction in Washington. The Brazilians say that lifting the 54-cent tariff on imported ethanol will help bring down the price of all ethanol, thus bringing down the price of gasoline. The domestic ethanol industry says there’s already an oversupply of renewable fuels and that more imported ethanol from Brazil will oversaturate the market. In this podcast, we’ll address some of the arguments for and against lifting the tariff on Brazilian sugarcane ethanol.

We’ll talk with Joel Velasco, chief U.S. representative of the Brazilian Sugarcane Industry Association about why he believes more Brazilian ethanol will be good for both U.S. ethanol producers and American consumers.

Then, we’ll speak with Nathan Schock, director of public relations at POET, the nation’s largest ethanol producer. He’ll talk about why more imported ethanol may flood the market and make it more difficult for cellulosic ethanol to compete down the road.

Also in the podcast: Jay Tannon, partner at the law firm DLA Piper, will talk about the impact that the low dollar is having on foreign direct investment in the U.S. and around the world.

Inside Renewable Energy offers the latest in renewable energy news and information.

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I am a reporter with ClimateProgress.org, a blog published by the Center for American Progress. I am former editor and producer for RenewableEnergyWorld.com, where I contributed stories and hosted the Inside Renewable Energy Podcast. Keep in touch through twitter! My profile name is: Stphn_Lacey

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