I have some doubts about the viability of ethanol but there is a great deal I don't know.
If ethanol is produced from the cane juice, then the report I read which said that more petroleum would be expended in it's production than ethanol would be produced may well be correct.
If it is produced from molasses [ie after the sugar has been extracted] will we have to import molasses for cattle supplements during drought? Or just let the cattle die.
These are important considerations.
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