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Biofuel Could Eat Brazil's Savannas & Deforest the Amazon

Source:  Copyright 2007, Huffington Post
Date:  September 14, 2007
Byline:  Chris McGowan
Original URL: Status ONLINE

These days, when you fill up your car with a gasoline-and-ethanol blend, you are probably burning ethyl alcohol made from American corn. A few years from now, your commute may be powered by ethanol from sugar cane grown in Brazil's cerrado, a biodiversity hotspot that is the largest savanna in South America and disappearing at a faster rate than the Amazon. You may be hastening the demise of the world's largest rain forest as well. And you won't be alone: AOL founder Steve Case, film producer Steven Bing, supermarket magnate Ron Burkle, global financier George Soros, and other well-known investors (see below) could end up playing leading roles in Brazilian deforestation. Case and his colleagues are banking on Brazilian biofuel. They may be hoping to make a green investment that will help save the world, or they may just want to get a piece of the next gold rush. But they probably don't understand the importance of the cerrado, or the possible ...

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