I'll start with this story.
Brazil's Lula defends biofuels, hits out at oil speculation
Brazilian President Luiz Inacio Lula da Silva rejected Sunday claims that biofuels made from sugar cane are contributing to the global food crisis, and argued that oil speculation was a factor.
In Rome ahead of an FAO food summit June 3-5, Lula asserted that biofuels from sugar cane -- such as that produced in Brazil -- "is not a threat to food production" although he denounced those sourced from corn and wheat.
Brazil battling back against biofuel critics
One of Brazil's preeminent scientific scholars on the environment, Jose Goldemberg, said that the "current attack on biofuels is ... based on four myths."
He said it was not true that Brazilian ethanol: contributes to deforestation, causes famine, does not reduce greenhouse gas emission and is only suitable for niche markets.
Big oil companies who are worried about losing market share to biofuels, U.S. soy producers concerned about losing farmland to corn and "ill-informed environmentalists" were the interests behind these myths, Goldemberg added.
At a time when international oil prices continue to hit daily high-water marks, Brazil is strategically positioned as the world's largest ethanol exporter but the biofuel has not fully come into its own as a world commodity yet.