Ethanol agreement with Brazil passed

[NewsWhore]

The Chamber of Deputies ratified a protocol of intent between the DR and Brazil yesterday for the production and use of ethanol as a fuel in the DR. The Senate also ratified the agreement, according to Hoy. The agreement will allow the DR to begin using ethanol as a fuel instead of fossil fuels, while at the same time reactivating the agro industry, which produces the raw materials for ethanol processing. Hoy writes that ethanol will replace 25% of the current fuel being used and will save the country US$130.7 million per year, or 2.1 million gallons of fuel per year.

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