It’s being called the “ethanol shuffle”.
It involves the shuffling of sugarcane ethanol from Brazil to California to meet that state’s Low Carbon Fuels Standard (LCFS)—while at the same time, Brazil is importing lower priced corn ethanol from the United States to make up for not only the ethanol it is exporting to California, but also the recent shortfall in Brazilian ethanol production.
Sound crazy? Geoff Cooper of the Renewable Fuels Association (RFA) agrees.
“This whole thing
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