SAO PAULO – Owners of alcohol-fueled vehicles in Brazil are reeling from a 15% increase in the cost of fuel. Although alcohol fuel prices here fell 12% between January and August, a drought in the sugar cane growing areas of Brazil is forcing producers to increase prices. The increase is impacting fuel sales in the country and is expected to put a damper on a program to produce more alcohol-fueled cars. Germany recently offered Brazil $100 million to expand its renewable fuel program ...
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