The state of California is implementing a first-of-its-kind low carbon fuel standard, which will affect all fuels sold in the state, and Brazil's sugarcane ethanol is expected to play a key role in its implementation. Cane ethanol has been assessed by the California Air Resources Board (CARB) as the liquid fuel with the lowest carbon intensity available today.
UNICA's fuel supply agreement with Indy complements the association's existing global promotional project with Apex-Brasil, the Brazilian federal government's export promotion agency. The project is designed to promote Brazilian sugarcane ethanol around the world as a clean, renewable fuel. Apex- Brasil is also an official sponsor of the Indy Racing League.
Related:
Wall Street Journal | Obama Underwrites Offshore Drilling - Too bad it's not in U.S. waters (Brazil).
