Lula: World Is Watching and It Seems We Haven’t Ethanol Even for Ourselves

Brazzil Magazine covers

Lula raises ethanol bottle Brazilian President Luiz Inácio Lula da Silva has called on sugarcane mill owners to guarantee domestic supply of ethanol and show the world that Brazil can meet foreign demand, as well.

“We have to be careful. The world is watching. And it looks like we cannot even meet our own domestic demand!” said Lula referring to the reduced amount of ethanol that Brazil was now adding to gasoline due to a series of supply problems.

Lula went on to say that there was simply no excuse for what was happening. Neither the rain, nor the price of sugar on international markets, could justify the threat of a real shortfall in the domestic ethanol supply in Brazil.

The president said the situation was complicating Brazil’s efforts to promote the addition of ethanol to gasoline abroad where some European and Asian countries were studying the viability of a mixture that would contain 3% ethanol.

Speaking directly to sugarcane mill owners, Lula said they could not have it both ways. “When we try to transform ethanol into an international energy source that can be negotiated on international markets we need a serious attitude.

“You cannot be energy sector businessmen when the price of ethanol is good, and farmers when sugar prices rise. We have to be able to guarantee supply. Otherwise we will be back to where we were 20 years ago when the sector lost consumer confidence.”

Lula added that Brazil is the world’s frontrunner in renewable fuel technology. But the entire effort could collapse if the country cannot guarantee supply, he said.

Lula also called for more investment to increase the productivity of Brazilian sugarcane, which is already, in terms of energy output to energy input, way ahead of all other bio-energy sources.

ABr

Tags:

You May Also Like

Brazzil Magazine covers

Child Labor Went Down in Brazil, But 5 Million Underage Workers Are Still Way Too Many

One hundred and eleven years after Brazil abolished slavery, the number of workers deprived ...

Brazzil Magazine covers

Brazil: Lula’s Words Alone Won’t Do

Brazil’s pension reform seems in jeopardy. By showing weakness against the judiciary, the Lula ...

Brazzil Magazine covers

European Firm Wants to Build Military Planes in Brazil

Rio Grande do Norte state in the Brazilian Northeast might house a military aircraft ...

Brazzil Magazine covers

Brazilian Industry Braces Itself for Drastic Price Increases in Bolivian Gas

Brazil’s all powerful industrial lobby doubts that Bolivia will remain a reliable supplier of ...

Brazzil Magazine covers

In Brazil, High Interests Are a Rich’s Best Friend

Brazil’s annualized benchmark interest rate of 19.75% – one of the highest in the ...

Brazzil Magazine covers

Brazil Will Go to Nigeria for Gas If Bolivia’s Price Hikes Are Too High

Brazil is considering buying natural gas from other countries including Nigeria after its main ...