McCain for India, Brazil8217;s entry into G-8: Report

The United States has 8216;committed a series of errors in not adopting a sustainable energy policy,8221; McCain was quoted as saying. 8220;One of those is the subsidy for ethanol from corn.8221;

McCain blamed the price supports for 8216;destroying the market8217; and 8216;causing a serious problem with inflation8217;.

The Republican also blasted US tariffs on Brazilian ethanol imports, saying that the Brazilian product made from sugarcane 8216;is much more efficient than ethanol from corn8217;.

Critics of the US subsidies say spurring the planting of corn for use in ethanol has added to a sharp spike in global food prices.

But White House economic advisers say corn-based ethanol is responsible for just 2 to 3 per cent of the overall increase in food prices, which are up more than 40 per cent this year over 2007.

According to Estado de S Paulo8216;s report, McCain also said he would back the entry of Brazil and India into a larger G-8 and would favor removing Russia from the group.