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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