Brazil Launches Plan to Boost Biofuel Production

The National Agro-energy Plan was launched Friday, October 14, by Brazil’s Minister of Agriculture, Livestock, and Supply, Roberto Rodrigues, in Piracicaba, São Paulo. The initiative is part of the government’s effort to increase biofuel production.

Beginning in 2008, a 2% mixture of biodiesel with regular diesel fuel will become mandatory in Brazil. This represents an annual consumption of nearly 1 billion liters of biodiesel.

The plan provides for the simultaneous creation of a Brazilian agro-energy consortium, composed of various sectors, including petroleum industries and automobile manufacturers, and a special fund for the biodiesel sector.

According to Rodrigues, biodiesel will become increasingly relevant throughout the world. Germany alone already produces 1.2 billion liters annually. Specialists predict that in the coming decades, international agribusiness will be organized in four segments: food, fibers, biomass, and ornamental plants.

ABr

Tags:

You May Also Like

New Poll Shows Dilma 12 Points Ahead of Serra in Brazil’s Presidential Runoff

Dilma Rousseff, Brazil’s presidential candidate handpicked by Lula to succeed him, has widened her ...

Brazil’s Surplus Reaches US$ 18 Billion This Year, a 37% Decline

The Brazilian trade surplus (exports minus imports) reached US$ 1.257 billion in the second ...

Brazil Raises Key Rate by 0.5% to 12.25% to Curb Inflation

The Brazilian Central bank raised its benchmark interest rate this week for the second ...

Letters

A song and the news Here I am in Atlanta, Georgia, starting a Master’s ...

Of gold and history in Minas Gerais

Built with the wealth from the gold rush, Ouro Preto is an historical monument. ...

Brazil to Have 1,150 Bone Marrow Transplants in 2005

Seven hundred seventy bone marrow transplants were performed in Brazil between January and August ...

Corruption Probes Slow Down Brazilian Bulls

Latin American markets closed the day mixed, with Brazil and Argentina rising while Mexico ...

Brazil’s Airline Gol Vows to Cut Carbon Dioxide by 20%

Brazilian airline Gol plans a 20% reduction in carbon dioxide emissions per ASK (available ...

LETTERS

Investments into Brazil economy should reach $15 billion this year, almost as much as ...

In Brazil Recession Is Already History

The economic recovery has already started in Brazil.  The same is also happening in ...