Wednesday, October 07, 2015

Bioenergy Brazil

The current pressure on water resources in Brazil is starting to shift investor focus towards biomass as a potentially more attractive proposition.

Will Brazil's current economic climate lead to an energy crisis or a huge potential for renewables?

The $50 billion initiative PEEL emerged just a few months ago after President Dilma Russef visited the US for a White House meeting with President Barack Obama, following which the two leaders agreed a joint position on energy and climate change.

Both nations are setting goals for clean energy.

Brazil has to ensure that the energy mix is sustainable.

A switch to biomass is now backed and supported by the PEEL program.

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