The oil price recovers and biofuels become interested 5 June 2009 the biofuels boom had cooled down after the collapse in the price of oil. What had cooled actually was the presence of the topic in the media since investments in the sector continued and some countries took it as a strategic decision to repositioned around the world.And among them, is Brazil. The Plan for growth Acceleration (PAC), which has released in 2007 the Government of Lula da Silva, it is my understanding, an ambitious plan where you look. But it is also a plan that shows the confidence that the Brazilian Government has of their potential for development and represents also a sign of evolution in the country’s economic policy. Brazil with the PAC has reaffirmed its long-term vision and value that has certain State policies that adhere strictly to the country. Is the great difference with other countries where the change of political party in front of the national government implies a shift radical in the guidelines of economic policy by casting the effort made towards a certain direction by land. Argentina is a good example of this. Returning to the theme of the PAC, the development of biofuels is one of the key focuses on which is based the plan aimed to give a particular global role to the Brazilian economy.
That is the leadership that is taking Brazil to world level in the field of biofuels this week held in Sao Paulo Ethanol Summit 2009, a World Congress that met for three days to representatives of Governments, business sector and specialists on biofuels, and involving former US President Bill Clinton. The Congress was a good representation of what is the current debate on biofuels. The development of biofuels, which arose initially as a miraculous salvation before fears about depletion of non-renewable energy, now appears also demonized by those who accuse him of being the cause of the increase in the prices of the agricultural commodities and put at risk large forested tracts (there is also a theory that assumes that it also affects global warming in one way no less).