NewsWhore
02-28-2008, 03:20 PM
Economist Arturo Martinez says that President Leonel Fernandez is mistaken in thinking that he can solve the country's fuel problems with ethanol production. Martinez argues that land that is now being used to produce food will, in the future, be used to produce ethanol. He added that only 30 million tareas of land in the country can be cultivated, and if this were to be used for ethanol production it would decrease food production. Martinez was responding to an announcement made by President Fernandez, who stated that the Vicini Group and the Central Romana Corporation will jointly invest US$500 million in the production of ethanol fuel, electricity and sugar. According to the President, the investment will create 30,000 jobs and will also allow for the installation of a 15,000-ton capacity grinder, a sugar derived energy generator and a secondary plant capable of producing 50 million gallons of ethanol fuels annually.
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More... (http://www.dr1.com/index.html#12)