1. Help Fuel the Future
Inside this issue:
IEC & IDB Discuss Out-
look for Private Invest-
ment in Hemispheric
Biofuels Market
3
U.S.-Brazil Ethanol
Alliance Highlights IEC’s
Efforts
3
Jeb Bush Leads IEC Mis-
sion to Brazil to Meet
with Key Ethanol Players
4
Ethanol - Latin America’s
New Competitive Edge
5
Upcoming Events 5
IEC Partners with
CAMACOL & Fispal
6
Florida, Brazil, and IDB
Launch the Interameri-
can Ethanol Commission
1
Volume 1, Issue 1 May 2007
December 18th 2006 marked the beginning of
an initiative that seeks to lessen oil depend-
ency and promote agroenergy cooperation in
the Americas, using ethanol as a tool to cata-
lyze economic growth and sustainable devel-
opment in the nations of the hemisphere. On
this date, at the historical Biltmore Hotel in
Coral Gables, Florida, the Honorable Jeb
Bush, Former Governor of the State of Florida;
His Excellency Roberto Rodrigues, President of
the Superior Council of Agribusiness of FIESP
and Former Minister of Agriculture of Brazil;
and Ambassador Luis Alberto Moreno, Presi-
dent of the Inter-American Development Bank
(IDB), announced the official launch of the In-
teramerican
Ethanol Com-
mission. Bush,
Rodrigues and
Moreno serve
as co-chairs
of the Com-
mission, which
has as its mis-
sion to pro-
mote the us-
age of etha-
nol mixed fuel
in the gasoline
pools of the
Americas.
The launch,
organized
by Florida FTAA, brought together a distin-
guished group of more than 200 public and
private sector leaders, universities, and NGOs
from throughout the Americas, who share a
common goal of using the expansion of etha-
nol as a development tool and a way to pro-
mote integration and energy security in the
hemisphere. Referring to the high level of at-
tendees, Mark Emalfarb, president and CEO
of cellulosic ethanol developer Dyadic, stated
“I thought it was an amazing display of intel-
lectual horsepower,” pointing out that the Bra-
zilian delegation was extremely impressive.
Bush, Rodrigues, and Moreno discussed the
main objectives of the Commission, which in-
clude: promoting increased ethanol blended
fuel use throughout the region, promoting the
integration of technical and scientific research
efforts across the hemisphere related to the
production and distribution of ethanol, deter-
mining investment needs to enable a hemi-
spheric wide market for ethanol blended fuel,
encouraging the development of environmen-
tally sound ethanol operations, and recom-
mending a set of actions in order to create an
international commodities market for ethanol.
The Commission will promote ethanol to gov-
ernments and legislatures throughout the hemi-
sphere on through a series of “road shows”. In
addition to dis-
seminating infor-
mation, generating
media coverage,
and promoting
public discussion of
the benefits of
ethanol, these
road shows will
secure partner-
ships from local
officials and inter-
ested groups in
order to expand
ethanol usage and
production.
Mr. Rodrigues
spoke of Brazil’s
role as a global leader in ethanol technology,
production and distribution, pointing out that
the country produces approximately 4 billion
gallons of ethanol annually. He stated that
“Brazil’s ethanol capacities and technology
position the nation to provide leadership
throughout the hemisphere,” and emphasized
that “now, with the partnership of the State of
Florida and the establishment of a formal fo-
rum of cooperation through the Commission,
countries throughout the Americas will benefit
from the expansion of ethanol usage and pro-
duction.”
Jeb Bush emphasized the potential role the
committee can play in contributing to
FLORIDA, BRAZIL, AND IDB LAUNCH
THE INTERAMERICAN ETHANOL COMMISSION
Trustees
IEC Co-Chairs Roberto Rodrigues, Jeb Bush, and President Luis A. Moreno
2. Help Fuel the FuturePage 2
Continued from Page 1
decreasing U.S. dependence on imported oil by
means of diversifying the United States’ fuel econ-
omy. He stated, “Through this Commission, Florida
has a great opportunity to be on the forefront of
promoting an energy policy that strengthens our
national security, stimulates economic develop-
ment, increases protection for our environment
and promotes free trade within the hemisphere.”
President Moreno’s participation in and support
for the Interamerican Etha-
nol Commission reflects his
perspective that the Com-
mission will serve to spur
economic development
and to alleviate poverty in
the Latin American and
Caribbean region.
“Ethanol has the potential
to attract investment, gen-
erate jobs, and jump-start
development in depressed rural areas,” Moreno said. “A dynamic regional ethanol
market would have the added benefit of strengthening trade and energy coopera-
tion between the U.S., Latin America and the Caribbean.”
The three leaders agreed that cooperation on renewable energy has the potential to
serve as a uniting force in the Americas, contributing toward economic growth and a cleaner environment. All three alluded to the
significant opportunities expanded ethanol production holds for sustainable development and job creation throughout the Western
Hemisphere.
The launch also marked the debut of the 2007 Akerman Senterfitt Ethanol Innovator Award Series. The IndyCar® Series and its race
partner the Ethanol Promotion and Information Council (EPIC) were both honored with the 2007 Akerman Senterfitt Ethanol Innovator
Award in Sports, presented by Jorge L. Arrizurieta, Chair, International Policy Group, Akerman Senterfitt; Former Alternate Director,
Inter-American Development Bank; and Founding Director of the IEC. Featured at the launch were championship IndyCar driver Vitor
Meira of Panther Racing, senior IndyCar executives, including Vice President for League Development John Lewis, EPIC Executive Di-
rector Tom Slunecka and the Indy Ethanol Show Car.
Jeb Bush, Vitor Meira (sitting), Mike Ringham, John Lewis,
President Luis A. Moreno, Tom Slunecka, and Roberto
Rodrigues posing with the Indy Ethanol Show Car
“Ethanol has the potential
to attract investment,
generate jobs, and jump-
start development in
depressed rural areas,”
Moreno said.
A SPECIAL THANK YOU
TO OUR SPONSORS
Presenting Sponsor &
2007 Ethanol Award Series Sponsor
Press Conference Sponsor
IndyCar Ethanol Show Car Display
Branding Sponsor
Media Sponsor
Friends of the Interamerican Ethanol Commission
The Launch - Miami 12/18/06
AJR & Partners
BlueCross BlueShield of Florida
Enterprise Florida, Inc.
Franz Franc Design Group
Greater Miami Convention &Visitors Bureau
Link2City.com
Panther Racing
The Biltmore Hotel
IEC Co-Chairs Rodrigues and Moreno and IEC founding members Amb.
Chuck Cobb, Jorge L. Arrizurieta, and Mario Fernandez with leaders of
the Brazilian ethanol sector and sugar industry, including Petrobras,
Embrapa, UNICA, Copersucar, ABAG, Siamig/Sindaçúcar-MG, OR-
PLANA, Maubisa, and FGV
3. Help Fuel the FuturePage 3
THE IEC AND IDB DISCUSS THE OUTLOOK FOR
PRIVATE INVESTMENT IN A HEMISPHERIC BIOFUELS MARKET
At an April 2nd briefing at the headquarters of the Interamerican
Development Bank (IDB) in Washington, D.C., IEC Co-Chairs Mo-
reno, Bush, and Rodrigues addressed a packed auditorium of dis-
tinguished governmental representatives, corporate leaders, scien-
tific experts, scholars, and press from throughout the hemisphere
to discuss how the IEC plans to work with the private sector to ex-
pand and strengthen our Hemispheric Biofuels Market.
Discussing expanded ethanol and biofuels production and con-
sumption as a “transformative opportunity” for Latin America,
President Moreno announced that the IDB will contribute $3 billion
worth of funding toward bio-
fuels initiatives in the hemi-
sphere. Speaking of the po-
tential of the renewable fuel
as a developmental tool, he
stated, “We must recognize ethanol potential as a catalyst for development in low income areas
of Latin America and the Caribbean…Biofuels could bring investment, development and jobs to
rural areas with high levels of poverty, while reducing dependence on imported fossil fuels” in
several IDB member countries.
While Moreno emphasized the benefits of ethanol, Former Governor Bush focused on the domes-
tic barriers, both political and commercial, that must first be overcome in order to maximize the
potential of ethanol. Bush commented that the cur-
rent tariff on the importation of ethanol “doesn’t
make sense,” stating that “eliminating the 54-cent
tariff on imported ethanol is the quickest, least ex-
pensive way for America to significantly increase
our supply of ethanol.”
Offering yet another perspective, Former Minister Rodrigues spoke of Brazil’s role as a
global leader in ethanol technology, production and distribution. He stated that “Brazil’s
ethanol capacities and technology position the nation to provide leadership throughout
the hemisphere,” and emphasized that “Agroenergy is going to change trade relations
and the economic geography of the world.”
Though each approached the outlook for investment in biofules from differing back-
grounds and perspectives, Moreno, Bush and Rodrigues agreed that cooperation on
renewable energy has the potential to serve as a uniting force in the Americas, contributing toward economic growth and a cleaner
environment. The three alluded to the significant opportunities expanded ethanol production holds for sustainable development and
job creation throughout the Western Hemisphere.
The briefing also included a first-look presentation
of “A Blueprint for Green Energy in the Americas,”
a comprehensive study of the biofuels market
through 2020 commissioned by the IDB and
carried out by Garten Rothkopf, a private
consultancy .
To view a copy of the presentation given at
the IDB, click here.
To view the full study, click here.
Luis A. Moreno, President, IDB; Jeb Bush, Former Governor, State of Florida; Roberto
Rodrigues, Former Minister of Agriculture, Brazil; and David Rothkopf, Garten
Rothkopf
U.S.-Brazil Ethanol Alliance signed on March
9, and we’re proud of the role we played in
creating the conditions for the signing of this
Memorandum of Understanding by advanc-
ing ethanol initiatives in the hemisphere.
The IEC anticipates soon formalizing its part-
nership with the U.S. and Brazil in this official
alliance, thanks to the complimentary skill
sets the commission offers and a common-
ality of interests.
The Interamerican Ethanol Commission (IEC)
has had recent discussions with the U.S. De-
partment of State and Brazilian government
officials on how we can work together to
further the use of renewable fuels in our
hemisphere and eventually transform ethanol
into an internationally commercialized com-
modity. IEC Co-Chair Jeb Bush and several
IEC members met with U.S. Secretary of
State Condoleezza Rice in D.C. and later
with Brazilian Vice President Jose Alencar to
discuss the possibilities of cooperation.
The goals and objectives of the IEC are very
much in line with the aims of the
Jeb Bush and Brazilian Vice President Jose Alencar
U.S.-BRAZIL ETHANOL ALLIANCE HIGHLIGHTS IEC’s EFFORTS
Master of Ceremonies Jorge L. Arrizurieta,
Founding Director of the IEC; Chair, Interna-
tional Policy Group, Akerman Senterfitt, and
Former Alternate Director of the IDB
4. Page 4Volume 1, Issue 1
HIGHLIGHTS OF BRAZIL MISSION
Included in the IEC’s activities while in Brazil were:
• A visit to BM&F, one of the largest Futures Markets in
the world and a prominent place to trade carbon credits
and ethanol, where the group met with CEO Edemir Pinto
• A tour of the GM plant, with a special emphasis on the
FlexFuel unit, where the group was hosted by Ray G.
Young, President and Managing Director of GM of Brazil
• A meeting at the Ministry of Agriculture with Reinhold
Stephanes, Minister of Agriculture; Sergio Rezende, Minis-
ter of Science & Technology; Nelson Hubner, Deputy Minis-
ter of Energy; and Celio Porto, Deputy Minister of Development
• A trip to the Brazilian National Congress where the delegation met with Marcos Montes, Presi-
dent of the Congressional Agriculture Commission
• A visit to Palacio do Planalto where the group met with Jose Alencar, Vice President of Brazil
and Dilma Rousseff, Chief of Staff to President Lula
• A luncheon hosted by U.S. Ambassador Clifford M. Sobel at his residence
JEB BUSH LEADS IEC MISSION TO BRAZIL TO MEET WITH KEY ETHANOL PLAYERS
In mid-April 2007, Jeb Bush traveled to Brazil along with a group of representatives from the IEC to meet with a wide array
of Brazilian governmental officials as well as business, industry, and university leaders from throughout the country in order to
discuss future programs for the Commission and potential areas of coopera-
tion with Brazil.
Bush gave powerful speeches in Sao Paulo at a joint roundtable with FGV,
a school of management and national research powerhouse, and ABAG, the
Brazilian Association of Agribusiness and at a luncheon with the American
Chamber of Commerce. Bush emphasized that the Commission is working to
assure that the public is aware of the need to use renewable fuels and to
demonstrate to both the public and
the U.S. government why the domes-
tic renewable fuels market should
not be protected. To this regard,
and consistent with the beliefs he has
expressed in his recent speeches in
the U.S. on behalf of the IEC, Bush addressed an issue of great importance for the Bra-
zilians – the need to eliminate the import tariff on ethanol. “Over time, that tariff has
to be phased out," he said.
Bush’s comments on the need for the U.S. to eliminate domestic barriers to ethanol
were extremely well received in Brazil. Eduardo Pereira de Carvalho, President of
Unica, Sao Paulo’s Sugarcane Agroindustry, demonstrated the common consensus of
the Brazilians to this respect, stating that Jeb’s position on the issue “is a very impor-
tant position, from someone who has decisive influence on domestic policy in the U.S.”
In addition to speaking on the tariff, Bush also addressed several other controversial
issues, such food vs. fuel. Exercising the Commission’s goal of keeping the public and government officials alike well versed on
often misperceived issues, Bush explained how neither ethanol produced from corn nor that produced from sugarcane threaten
food production. Moreover, Bush highlighted the impor-
tance of ethanol in contributing sustainable development
and helping to better environmental conditions.
IEC Members Marcel Negherbon, Dominique Virchaux, Linneu
da Costa Lima, Yuda Saydun, Mario Fernandez, and Jorge L.
Arrizurieta with IEC Co-Chairs Roberto Rodrigues and Jeb Bush
IEC Co-Chair Jeb Bush, Former Governor of Florida; Jose Alencar, Vice President of
Brazil; Dilma Rousseff, Chief of Staff to President Lula; and IEC Co-Chair Roberto
Rodrigues, President of the Superior Council of Agribusiness of FIESP
Luiz Moan, Director of Institutional Affairs, GM do
Brasil; Jeb Bush, Co-Chair, IEC; Pedro G. Bentancourt,
Manager, GM do Brasil; Roberto Rodrigues, Co-Chair
IEC; and Ray G. Young, President GM do Brasil
5. Page 5Volume 1, Issue 1
ETHANOL – LATIN AMERICA’S NEW COMPETITIVE EDGE
In late April, Jorge L. Arrizurieta, Chair of the International Pol-
icy Group of Akerman Senterfitt and Founding Director of the
Interamerican Ethanol Commission (IEC), participated on a pro-
vocative panel on ethanol at which he addressed a distin-
guished group of mostly local and multinational companies.
George Philippidis, Associate Director of the Applied Research
Center at Florida International University and Rafael Jaen Wil-
liamson, Regional Manager of Latin America Policy, Govern-
ment & Public Affairs of Chevron Downstream shared the panel
with Jorge.
The event, hosted by WorldCity Magazine, focused on ethanol
related topics such as what’s behind the hype, what potential
business opportunities exist in the region, and what the ethanol
phenomena means for South Florida. Having returned from an
IEC led mission to Brazil (for details refer to page 4 of this news-
letter) just a few days before the panel, Arrizurieta discussed
the potential of ethanol in the region, the recently signed U.S.-
Brazil Ethanol Alliance, and the current tariff on the importation
of ethanol. He explained that ethanol is a diplomatic tool to
better the relationship between the United States and Brazil
and that, as the world’s top two ethanol producers, the two
countries are well positioned to lead the region in the expansion
of regional ethanol production and consumption. He empha-
sized the potential of ethanol for generating development,
highlighting the fact that among the countries the U.S. and Brazil
will first look to for the development of ethanol are struggling
countries such as Haiti and small Caribbean islands such as St.
Kitts.
In addition, the panel aimed was to dispel myths related to
ethanol. Among the myths that were presented is the belief that
corn is a viable long-term ethanol source. Phillipidis was quick to
explain that, while corn is an important part of the equation,
even if the domestic corn industry were to maximize corn
production, the U.S.
would not even be
able to come close
to satisfying the am-
bitious goals set
forth in President Bush’s State of the Union address. He went on
to explain that producing ethanol from sugarcane is currently
one of the most energy and cost efficient ways of helping corn
ethanol to satisfy growing demand, but that sugar’s potential is
also limited. The fact, he argued, is that ethanol produced from
any agricultural product has its limitations, and that is why peo-
ple such as FIU are working diligently to develop efficient ways
to produce cellulosic ethanol. Cellulose is a compound found in
all plants and, when broken down, it can allow ethanol produc-
tion from left over plant materials such as corn stalks and ba-
gasse. This is not only more energy efficient, but it also helps
avoid the food vs. fuel dilemma.
Williamson addressed the myth that ethanol will soon replace
gasoline. He pointed out right away that this myth is false, ex-
plaining that, while ethanol is part of the solution, it is not the
solution. Moreover, the current goal in the U.S. is not to use
100% ethanol but rather to blend the fuel with gasoline. Thus,
though oil dependency would be greatly reduced, gasoline
would continue to be a widely consumed commodity.
The Interamerican Ethanol Commission recognizes that lack of
information and misinformation are among the principal obsta-
cles hindering expansion of the ethanol market, and through
participating in events like the WorldCity Connections panel on
ethanol, the Commission hopes to disseminate information that
will contribute toward more awareness of the renewable fuel
and thereby increased ethanol production and consumption in
the region.
UPCOMING EVENTS
Date Event Name IEC Speakers Location
May 10-11 1st
Biofuels Congress of the
Americas
Jorge L. Arrizurieta, Found-
ing Member, IEC
Buenos Aires,
Argentina
May 21-22 XVI Annual Latin American
Energy Conference “La Jolla
Conference”, hosted by Insti-
tute of the Americas
Jeb Bush, IEC Co-Chair
(invited)
La Jolla, California
May 29 –
June 2
Hemispheric Congress –
CAMACOL/FISPAL
IEC, Fispal, and Camacol to
Co-host 2nd
Annual Panel
on Ethanol
Miami, Florida
May 31 –
June 2
IV OAS Private Sector
Forum – “Energy for
Development”
IEC Co-Chairs Roberto
Rodrigues & President Luis
A. Moreno
Panama City, Panama
June 4-6 UNICA’s São Paulo Ethanol
Summit
IEC Co-Chair Roberto
Rodrigues
São Paulo, Brazil
6. 1200 Anastasia Ave
Suite 500
Coral Gables, FL 33134
Phone: 305.476.0155
Fax: 305.476.5452
Email: info@helpfuelthefuture.org
Web: www.HelpFuelTheFuture.org
HELP FUEL THE FUTURE
If you would like to be removed from our mailing list, please send an email to info@helpfuelthefuture.org with the subject line “Remove”.
Co-Chairs
The Interamerican Ethanol Commission, a non-profit organization, promotes
the usage of ethanol in the gasoline pools of the Western Hemisphere and is
co-chaired by Jeb Bush, former Governor of the State of Florida; Roberto Rod-
rigues, President of the Superior Council of Agribusiness of FIESP and former
Brazilian Minister of Agriculture; and Luis Alberto Moreno, President of the
Inter-American Development Bank. The commission seeks to foster aware-
ness of the benefits of renewable fuels in economies throughout the Ameri-
cas and contribute toward a framework for a rationalized and viable regional
marketplace in ethanol, promoting the policy guidance necessary to spur both
foreign and domestic investment in renewable fuel production and infrastruc-
ture.
Jeb Bush
President Luis Moreno
Roberto Rodrigues
For membership details, please contact Brian C. Dean at
bdean@helpfuelthefuture.org or 305-476-0155.
The Interamerican Ethanol Commission has for-
mally partnered with the Latin Chamber of
Commerce of the United States (CAMCACOL)
and Fispal, in order to collaborate on the pro-
motion of policies, activities and initiatives that
will stimulate support for the development of
biofuels, especially ethanol.
The three organizations signed a Memorandum
of Understanding (MOU) on April 30, 2007,
acknowledging their shared values and commit-
ment to work together to achieve common goals.
The IEC, CAMACOL, and Fispal recognize that
the promotion of biofuels will be a catalyst in
the region to bolster economic growth, diversify
energy supplies, advance social agendas and
improve the environment, and help
advance regional free trade talks.
In late May, the IEC will have the
opportunity to further publicize its
new partnership with CAMACOL
and Fispal by organizing and
participating in the 2nd Annual
Panel on Ethanol for CAMACOL’s
28th Hemispheric Congress / Fis-
pal Latino 2007 Tradeshow event.
Oscar Dominguez, President, Fispal; Captain William
Alexander, President, CAMACOL; and Jorge L.
Arrizurieta, Founding Director, IEC
IEC PARTNERS WITH CAMACOL AND FISPAL
Help Fuel the FuturePage 6