Brazil's president sees biofuels to offer opportunity05-07-07 Brazilian President Luis Inacio Lula da
Silva defended biofuels and growing concerns about their drawbacks, saying
they offer an "opportunity" to lift developing countries out of poverty. The
Brazilian leader said that the success his country's booming biofuels
industry has enjoyed could be reproduced in some of the poorest parts of the
world, helping to alleviate poverty. While ensuring energy security and offering
an alternative to oil, biofuels represented a "historic opportunity" to
build "a more prosperous, unified and fair world," Lula said. Brazil, which
has emerged as the leading producer of ethanol through its vast resources of
sugarcane, produced in 2005 13 mm tons of ethanol, creating some 4.5 mm jobs
directly or indirectly, according to Lula. The biofuel industry has enjoyed an
unprecedented investment boom in recent years amid growing interest in
finding alternatives to oil as petrol prices soar and concerns grow about
global climate warming. But although biofuels have emerged as one of the
most viable alternatives to oil, concerns are also growing about drawbacks
ranging from forests being used for farmland to the impact on food prices.
"This clean, renewable source of energy has
the potential to help us respond to the dual climate change/energy security
challenges we face," EU External Relations Commissioner Benita
Ferrero-Waldner said. "But we cannot afford to turn a blind eye to the
potential drawbacks," she added. In addition to the environmental impact, the
Food and Agriculture Organization warned that rising reliance on biofuels
over the next decade threatened to drive up food prices in poor countries,
where they are already facing upward pressure from consumer demand.
Source: Prensa Latina
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