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Latin America Divided Over Ethanol

Posted on Sunday, April 22, 2007 posted by posted by Ecacofonix @ 6:51 AM

Latin America Divided Over Ethanol

Venezuelan President Hugo Chávez calls the boom in ethanol the equivalent of starving the poor "to feed automobiles." It's not just Mr. Chávez who is questioning whether the benefits outweigh the unintended consequences. Now poultry industry executives, who have seen the price of feedstock go up; Mexican consumers, facing a 60 percent jump in the cost of tortillas; and even environmentalists, who look at the amount of fertilizer that will be needed to grow extra crops, are wondering aloud about the effects of ethanol...

Read the full article from here @ CBS News, 20 Apr 2007 post

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