Brazil’s Discusses Its World Leadership in Biofuels

The National Confederation of Industries (CNI) of Brazil is going to promote on August 30, in Brazilian capital BrasÀ­lia, the National Meeting of Biofuels.

The aim, according to a statement released by the entity, is to discuss the opportunities that open to Brazil with the increase in world consumption of green fuels.

In the evaluation by the CNI president, Carlos Eduardo Moreira Ferreira, Brazil, which already has advanced research in the sector, is in conditions of becoming the world leader in renewable energy production.

The meeting, according to the statement, is going to count on the participation of representatives from the industry, biofuels producers, researchers, private sector and government technicians and rural producers.

According to the CNI, the President of Brazil, Luiz Inácio Lula da Silva, will open the event, which will also count on the Chief of Staff, Dilma Rousseff. She once was Brazil’s  minister of Mines and Energy.

The Brazilian legislation foresees that, as of 2008, obligatorily 2% of biodiesel will be added to the regular diesel. In 2013 the proportion increases to 5%. Officials from the government, however, amongst them Lula himself, are saying that these deadlines may be anticipated. Many posts in the country already offer the 2% mixture, although it is not yet mandatory.

According to the CNI, diesel represents 57.7% in the national consumption of fuel for vehicles, which is the equivalent to 38 billion liters. About 10% of this total is imported.

Anba

Tags:

  • Show Comments (0)

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Ads

You May Also Like

Book Says Brazil’s Lula Told Kirchner to Fuck Off. Ambassador Calls It Fantasy

Brazilian ambassador in Chile described as mere "fantasy" alleged statements by President Lula da ...

Brazil Domestic Demand Heats Up and Industry Grows 6%

Brazil's industry ended the first ten months of 2007 with an accumulated growth rate ...

Mexican Coca-Cola Gets Another Big Gulp of Brazil’s Coke Market

Mexico-based KOF, also known as Coca-Cola FEMSA, the largest Coca-Cola bottler in Latin America ...

Today’s Election in Brazil May Put Two Women in Competition for Presidency

In Brazil, where voting is mandatory, close to 130 million Brazilians are going this ...

Brazil Stocks Will Jump 30% in 2006, Says Money Expert

Sergio Goldman, equity strategist at Unibanco, says the Brazilian stock market will rise by ...

Brazil Sees Paraguay’s Coziness with US as Reason for Concern

The creation of the Mercosur Parliament (Parlasur), scheduled to begin operations in January, was ...

Brazil Doubles Imports from Arab Countries While Exports Keep Flat

Exports from Brazil to Arab countries exceeded US$ 1.2 billion in August this year, ...

Average Interest Rate in Brazil: 29% a Year. In the World: 4%

Erivaldo Rodrigues of Austin Rating reports that Brazilian bank profits in 2005 were the ...

Brazil Goes to New Zealand to Learn Ecotourism

A Memorandum of Understanding signed between Brazil and New Zealand should lead to cooperation ...