People considering investing in Brazilian property may benefit from a renewable fuel from the country that could “revolutionise the market”.
BP’s chief executive Bob Dudley has said that the ethanol derived from Brazilian sugar-cane could provide the best option when the oil runs out, according to the Telegraph.
He suggested that Brazilian ethanol is the “best type of renewable energy” as it has the potential to create an “ultrapotent fuel” that is cleaner, cheaper and more efficient than the alcohol derived from corn.
“Brazil also has a huge advantage in relation to its competitors. The climate and soil are ideal and the sugarcane crop does not have to compete for areas with food crops, as happens in the case of America,” Mr Dudley told those interested in Brazilian property.
Last year Kia introduced to Brazil its first car that runs completely on ethanol.
Kia said that the Soul Flex has the potential to be 44 per cent more fuel efficient to the gasoline power model.
Similar Posts:
- Brazil meets industrial demand with more Asian diesel imports
- Natal’s preparations for 2014 Brazilian World Cup progressing apace
- Investors in Brazilian property ‘have plenty to be optimistic about’
- Brazilian property is still an attractive investment opportunity
- Brazil is the “number one” place to invest
