He clings to his uniform of “emperor of the biofuels”. “A la fuerza ahorcan”. He turns off the red lights with which he received the new president and tries to find in Barack Obama the miracle for his ethanol revolution, the one that George Bush denied him and the EU moves away from him. No matter how much encourages it at home, a third of his “green” plans require of the external market, now that neither the prices, nor the liquidity accompanies the 25.000 million dollars of investment.

With Washington, the Brazilian aims to the sky of the subsidies, but the ‘yes we can’ of the new tenant of the Casa Rosada doesn’t go by the biofuels from Rio de Janeiro, at least not without the import rates. Brasilia winds up China and the sarkozinian road. The Elíseo has promised to reactivate the Doha Round, but not so much as for the EU to conquers its reticence to the ethanol and the biodiesel.

Lula knows it. Enough as to continue greasing the Caribbean shortcut to sell EE UU, to look at Beijing with the hand of the investments and the hopes of the ethanol of second generation spread toward China and to Japan, called to become his third client. And to defend his gallons in front of Colombia, Peru or Chile. Leer más »

The Brazilian state oil company Petrobras will invest 1.500 millions of dollars from 2008 to 2012 in projects of biodiesel and ethanol production, as announced this Tuesday the own company during the International Conference of Biofuels that is carried out in Sao Paulo.Â

The investments will be made through Petrobras Biocombustible, integral subsidiary of the brazilian state company, created on past July 29th.Â

“With the creation of that enterprise, the company gets ready to assist part of the growing world demand of biofuels, besides reinforcing its commitment with the environment and with the social development in a sustainable way”, Petrobras assured. Leer más »