What is Ethanol? Ethanol, which is sometimes called ethyl alcohol, pure alcohol, or grain alcohol is defined as, “a high octane, clean burning, American- made renewable fuels.” Ethanol is an increasing important aspect of our society and its popularity is becoming more widespread on a daily basis. Ethanol, a substance made out of Sugar-cane, maize, sorghum, wheat , and other grains, has become one of the main viable source of energy in the world. In countries like South Africa and Brazil, fuel contains around 24 percent ethanol (much of it 100 percent), 76 percent gasoline. In the United States, in most service stations, fuel is blended 10 percent ethanol, 90 percent gasoline. The record of oil prices worldwide is extremely high. Even thought the production and consumption of ethanol in the United States have increase, the oil market prices still very high. One of the solutions to this problem is to increase of blending of ethanol with gasoline, just like in Brazil. According to thefreedictionary.com ethanol is “ An alcohol obtained from the fermentation of sugars and starches or by chemical synthesis. It is the intoxicating ingredient of alcoholic beverages, and is also used as a solvent, in explosives, and as an additive to or replacement for petroleum-based fuels.” Brazil being one of the only countries really exploring ethanol has limited if not cut off its dependency on oil. It cost less to produce ethanol and it is also cleaner for our environment. Beginning in the 1970’s every gas station in Brazil was required to have at least one ethanol pump and the government mandated that all gasoline be mixed with ethanol. This new discovery has also led to a new type of car called, a “flex vehicle”. It gives the driver the option of either using gasoline and ethanol blend or 100 % percent ethanol. Today 70% of all cars sold in Brazil are flex vehicles. They cost about the same as a regular car. Ethanol is cleaner, cheaper and better
References: DiPardo, J(October 18, 1999) Outlook for Biomass Ethanol Production and Demand. http//tonto.aea.doe.gov/ftproot/features/biomass.pdf. Retrieved October 10, 2009. Renewable Fuel Standard Program (May 26, 2009). United States Environmental Protection Agency Reel, M(August 19, 2006) Brazil 's Road to Energy Independence, Washington Post. http://washingtonpost.com/wp-dyn/content/article/2006/08/19/ar2006081900842.html Retrieved October 10, 2009. Blackburn, J (1987) How the United States and the World Can Prosper Without Nuclear Energy or Coal Hostetter, R (November 26, 2007) Is Ethanol a Viable Alternative?. News Max Website. http://www.newsmax.com/hostetter/ethanol/2007/11/26/52137.html. Retrieved October 12, 2009 Ethanol is coming more to the forefront in financial news, not so much for its potential as a renewable fuel source but more with respect to ethanol 's future as a capital investment opportunity Anwar, S (July 28, 2006) Ethanol: is it Viable http://www.financialsense.com/editorials/kwr/2006/0728.html Retrieved October12, 2009