Sugarcane (though an efficient photosynthesizer) is still a plantation monoculture entailing soil degradation and erosion.
A 2006 study from Nomad's (home) university offers a fairly sympathetic view of potential sustainability. But I don't see how Brazil's production could be increased to levels permitting largescale exports towards the EU (or elsewhere), without taking land from the rainforest and also from food production. When locusts move on, they leave nothing behind
Thanks for the link, I was trying to remember where that came from. "C'est un scandale !"