Almir R. Americo

A Global Game of Economic Chicken?

The Brazilians are the only country in the world that created a real alternative for petrol. It's sharply-raising cheap and non-subsidised ethanol market has soften the pressure from soaring oil prices. The country also depends more on renewable resources than fossils to generate electricity, so it's a significant protection to the turbulence in international oil markets. Such balanced and wise energetic police was developed in many decades at a very high cost, and now it's helping a lot to protect the country from inflationary risks.