This month’s unprecedented oil crash has sent shockwaves through the entire energy industry and beyond. It’s even gotten to industries that, in theory should be dancing on oil’s grave, but, in reality could be going down with it. Biofuels markets across the world are reeling from the oil crash this week, from Brazil to Malaysia. In Brazil, the corn ethanol industry has been a historically resilient one. “It withstood a downward currency spiral, economic malaise, a jump in raw-material costs and political upheaval,” said a report earlier this week from Bloomberg Green, a “new multiplatform editorial brand focused on climate change news, analysis, and solutions” which debuted in January. “Now one of Brazil’s booming industries has finally met the foe that could take it down: the oil crash.” It may seem counterintuitive that the oil crash would negatively impact biofuel, which in many cases is its direct competition. This […]