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“The importance of a stable government who is behind the investment into biofuel is crucial when looking at investment security. Brazil , once blazing the way in production of ethanol is now a sobering example of what can happen when climate and energy planning clash with economic decision-making.” “A new moment for mankind.” That was how Brazil’s former president, Luiz Inácio Lula da Silva, described his country’s biofuel boom in March 2007. Back then, Brazil was the poster child of ethanol fuel, its output second only to that of the United States. Fermenting the sugars in the country’s abundant sugar… continue reading