BP gives brazil more reason to burn forests – to make ethanol

We do despair of BP sometimes – this week more than most. It has invited us to talk about its new partnership in ethanol production, as if it were renewable energy. This is a deal to combine its existing biofuels and biopower with Bunge in Brazil to create basically a much bigger bioenergy company. Ethanol uses carbon dioxide in its manufacture, distribution and when it is burned. And is already part and parcel of existing oil supplies – in different parts of the world cars can use either 100% ethanol, down to mixing it with petroleum in concentrations as low as 10% and these percentages are rising. In that sense BP knows these markets well and it is really just…