Brazil

Oil

Protest in Brazil against oil royalty measure

RIO DE JANEIRO (AP) — Thousands of people are marching in downtown Rio de Janeiro to protest legislation that officials here insist would strip the oil-producing state of much of its income from Brazil's energy sector.

Austrian company to develop algae-to-biofuel plant in Brazil

Source: 
The New York Times
Austrian company SEE Algae Technology is building a plant near Recife, Brazil that would use genetically altered algae that can consume carbon dioxide to produce ethanol, The New York Times reports.

Renewable group seeks removal of ethanol export barriers

Source: 
FuelFix
The Renewable Fuels Association asked U.S. Trade Representative Ron Kirk to help deal with trade barriers between the United States and Brazil that make ethanol exports a challenge, FuelFix reports.

China: Durban climate deal not a 'new regime'

Source: 
Bloomberg
China said the Durban Platform, a plan to combat climate change through reducing emissions, will not be a "new regime," contrasting the U.S., which wants the greenhouse gas goals to apply to developing nations as well as developed nations, Bloomberg reports.

Green energy investments suffer in Europe amid debt crisis

Source: 
The New York Times
As a result of the European debt crisis, a number of countries have cut back on green energy investments, pushing green energy companies to look to regions like Brazil and South Africa for development and investment, The New York Times reports.
Oil

Brazil to distribute oil revenues more evenly

BRASILIA, Brazil (AP) — Brazil's House of Representatives has approved a controversial proposal to share profits from the country's growing oil production sector more evenly between petro-producing states and those with little or no production.

Brazil fears power outages for soap opera finale

SAO PAULO (AP) — Brazil's national electricity grid braced for possible power outages Friday night during the television broadcast of the final chapter of a smash soap opera that enthralled Latin America's biggest country for months.

Brazil: Saving endangered monkey helps forest

SILVA JARDIM, Brazil (AP) — Three tiny flaming orange monkeys crouched on a tree branch, cocking their heads as if to better hear the high-pitched whistles and yaps that came from deep within the dense green foliage. Then they answered in kind, rending the morning with their sharp calls and cautiously greeting each other in the forest.

Brazil's president line-vetoes new forest code

RIO DE JANEIRO (AP) — Brazil's president used her veto power to slash through the new Forest Code, making the environmental law a little tougher on large agricultural interests by strengthening reforestation requirements along river banks, a decree published by the government said Thursday.

Brazil wants safer and more fuel-efficient cars

BRASILIA, Brazil (AP) — Brazil says it will grant tax breaks to companies that produce safer and more fuel-efficient cars.

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