An Open Fuel Standard Helps a Country’s Economy — a Lot

Brazil is the first country to embrace anything resembling an open fuel standard (read more about that here). And according to economic data released last week, Brazil moved passed Britain to become the world’s sixth largest economy behind the U.S., China, Japan, Germany, and France.

Brazil’s economy grew three times faster than Britain’s last year. It is one of the most dynamic economies in the world.

Flexible fuel vehicles in Brazil reached a record 94% of new car sales in August 2009. At the national level 65% of the flex-fuel registered vehicles regularly use ethanol fuel.