Climate of Our Future

clipped from www.climatecrisiscoalition.org

Soros Announces Plan to Invest in Brazilian Ethanol. By Taryn Dameron, Agriculture Today, June 6, 2007. “U.S. finance tycoon George Soros reportedly has announced at the Ethanol Summit in Sao Paulo that he’s looking to invest $900 million (U.S.) in Brazilian ethanol production. According to a report from European news service Deutsche Presse-Agentur, Soros says the United States and European Union tariffs on ethanol should be eliminated to make investments in ethanol more viable. Together, the United States and Brazil produce 72% of the world’s ethanol. Soros says he believes Brazil’s abundant ethanol supply should be utilized by more countries.”