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Abstract: The aim of this paper is to present aspects about the energy balance of sugarcane crops and its carbon dioxide emissions. We calculate energy used in agricultural, industrial and distribution sectors by five sugarcane mills of Mato Grosso do Sul and we compare the yield with its energy delivery. The energy balance obtained, with an average 6.8, shows that is advantageous to produce ethanol in the lands of that Brazilian state. We have prepared a forecasting of electricity production from bagasse taking into account two types of technology. Finally, we present the potential value of CO2 emitted by the five mills to evaluate greenhouse gas emissions of the ethanol production valor chain. [Copyright &y& Elsevier]