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Bill Would Promote Biofuels Cooperation With Brazil

Posted on September 28, 2008

While most of Congress was working on a bailout for the financial crisis last week, the Senate Foreign Relations Committee passed a bill that would strengthen energy cooperation between the United States and Brazil to promote the production and use of sustainable biofuels throughout Latin America.The legislation, authored by Senate Foreign Relations Committee Ranking Member Dick Lugar, would promote accelerated development of sustainable biofuels and other renewable energy production, help establish voluntary carbon trading markets, leverage private investment in new energy, promote research, ...

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biofuels , carbon , carbon trading , renewable , renewable energy , research , trading