monaroCountry1
05-07-2006, 05:36 PM
From gminsidenews.com
Japan Will Mandate Ethanol Use; Global Warming Cited
http://japan.seekingalpha.com
www.wsj.com
Summary: Japan's Environment Ministry will require all cars to run on a blend of 10% ethanol, 90% gasoline by 2010, in an attempt to cut environmental damage and reduce Japan’s dependence on oil.
Ethanol production from sugar cane will be stepped up on the island of Miyako.
Japan's goal falls short of standards being met by current US auto manufacturers models which run on 85% ethanol blends. GM, Ford and Chrysler have already produced 5 million cars that can run on 85% ethanol, and are expected to produce another million this year. All of Toyota’s cars already meet the 10% ethanol standard.
Despite the fact that the article states that Japan will produce its own ethanol and want to reduce its dependence on foreign suppliers, this will be viewed as another positive development for the US ethanol stocks.
Source: http://japan.seekingalpha.com/article/12855
http://www.qfleet.qld.gov.au/images/sthbris_3.jpg
Japan Will Mandate Ethanol Use; Global Warming Cited
http://japan.seekingalpha.com
www.wsj.com
Summary: Japan's Environment Ministry will require all cars to run on a blend of 10% ethanol, 90% gasoline by 2010, in an attempt to cut environmental damage and reduce Japan’s dependence on oil.
Ethanol production from sugar cane will be stepped up on the island of Miyako.
Japan's goal falls short of standards being met by current US auto manufacturers models which run on 85% ethanol blends. GM, Ford and Chrysler have already produced 5 million cars that can run on 85% ethanol, and are expected to produce another million this year. All of Toyota’s cars already meet the 10% ethanol standard.
Despite the fact that the article states that Japan will produce its own ethanol and want to reduce its dependence on foreign suppliers, this will be viewed as another positive development for the US ethanol stocks.
Source: http://japan.seekingalpha.com/article/12855
http://www.qfleet.qld.gov.au/images/sthbris_3.jpg