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Brazil opens world’s first ethanol-fired power plant

Brazil on Tuesday opened the world’s first ethanol-fueled power plant in an effort by the South American biofuels giant to increase the global use of ethanol and boost its clean power generation.

State-run oil giant Petrobras and General Electric, which helped design the plant, are betting that increased use of ethanol generation by green-conscious countries will boost demand for the product…

[CNET News]