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Surging Corn Prices Hit Ethanol Profits in the USPublished by: GlobalData Published: Sep. 17, 2008 - 16 Pages Table of ContentsAbstractSurging Corn Prices Hit Ethanol Profits in the USSummary Global ethanol production has grown steadily over the last decade. Since the first commercial use of ethanol for transport purposes, its growth has been driven by concerns regarding global climate changes, energy supply security and the development of rural areas. Worldwide ethanol production totals around 59.5 billion liters as of 2007. The major countries involved in ethanol production worldwide include the US, Brazil and China, all of which put together account for about 78% of the world’s total ethanol production. Scope GlobalData viewpoints cover the latest events or important trends in the Alternative Energy industry and provide our in-depth analysis of issues and challenges. Viewpoints offer expert opinions and GlobalData's views of various developments that have been taking place in the renewable energy sector across the world. Reasons to buy
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