Page added on January 22, 2005
President Luis Inacio Lula da Silva said that Brazil had become one of the first countries to mass-produce biodiesel fuel made with vegetable oil and will soon export the product. “Today we can smile and say that Brazil was one of the first to produce an alternative, less-polluting fuel that is generating more employment with a technology our country dominates — biodiesel,” Lula said on his biweekly radio show. “We will have something to be used not only within Brazil to generate jobs… (and) riches, and to distribute income, but also a fuel to export,” he added.
Brazil has enormous agricultural potential. Other countries have even more: both Congo’s (The Republic and the Democratic Republic), Mozambique and Angola use only 2% of their arable land, which, combined, totals 3 million square kilometres (roughly one third of the entire USA). Plantations with high yielding tropical oil crops like oil palm and coconut could prove to be interesting investments for the future.
The rest of the story on Lula’s biodiesel, here.
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