Friday, October 21, 2011

RE: [biofuelwatch] Brazil plans $120 billion in infrastructure investments in the Amazon by 2020

I am wondering if this can be officially linked to the tripartite EU Brazil agreement? If anyone has any news on this, that would be great.




From: [] On Behalf Of Almuth
Sent: 19 October 2011 21:03
Subject: [biofuelwatch] Brazil plans $120 billion in infrastructure investments in the Amazon by 2020

Brazil plans $120 billion in infrastructure investments in the Amazon by 2020

October 19, 2011

Brazil's push to expand infrastructure in the Amazon region will require at least 212 Brazilian reals ($120 billion) in public and private sector investment by 2020, reports Folha de Sao Paulo.

Dozens of large-scale projects — including dams, high-speed rails, roads, electricity transmission systems, mines, and industrial farms — are planned or already in progress in the nine states that make up the "Legal Amazon" in Brazil. By 2020, the government aims to more than double the Amazon's share of power generation to 23 percent of national output, up from 10 percent today. The target represents 45 percent of planned energy expansion during the period.

According to Folha de Sao Paulo, the Growth Acceleration Plan (PAC) will likely require weakening of existing social and environmental laws, potentially antagonizing environmentalists.

"To accelerate the implementation of projects, the federal government is considering a series of legal changes," reports the newspaper. "Among them are expressly granting of environmental licenses, the creation of laws that allow mining on indigenous lands, and changing the system of administration of environmentally protected areas."

"The advance on the Amazon generates controversy among environmentalists, who accuse the government of repeating a model of unsustainable development... that leads to social collapse."

Brazilian companies also have ambitions in the Amazon outside of Brazil. Oil and gas development, dam projects, gold mines, industrial agriculture, and roads are major areas of investment for Brazilian firms in neighboring countries, including Bolivia, Peru, Ecuador, Colombia, and Suriname.

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Biofuels are a wide range of fuels which are in some way derived from biomass.

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