Fidel Castro’s resignation may boost biofuels in Cuba
Fidel Castro’s step down after 49 years as Cuba’s leader may have implications for biofuels in the country. Castro was outspokenly critical of U.S. biofuel policy, and blocked a proposed expansion by ag giant Archer Daniels Midland into Cuba in the 1990s. But Fidel’s brother Raul, who will assume leadership of Cuba, is a biofuels supporter. Industry analysts have projected that Cuba has the potential to produce up to 3.2 billion gallons of sugar-cane ethanol per year, and the country recently began overhauling its 17 ethanol refineries. Some see a Brazil — with less internal demand for biofuels, and thus more export capacity — in the making.