Brazil’s Minister for Indigenous Peoples says the country is seeking to prevent the Amazon from hitting a tipping point.
last month that it planned to invest 335 billion Brazilian reals into the oil and gas sector in the coming years, saying the program prioritizes the resumption of investments"to guarantee energy security" by prospecting new fields.
Lula's chief of staff Rui Costa has previously said he does not believe the country's efforts to accelerate the energy transition while pushing for Petrobras to pursue new oil frontiers reflects a paradox.on Aug. 16."It's in the name — it is an ecological and energy transition." "For me, this is not morally acceptable," Surui told CNBC."How are you doing agreements about deforestation and all these things and yet you want to explore [for oil]?"
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Brazil sets up task force for unprecedented drought in Amazon, minister saysBrazil's government is preparing a task force to provide emergency assistance to inhabitants in the Amazon region hit by a severe drought that has impacted the rivers that are their life support, Environment Minister Marina Silva said.
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Brazil's central bank chief says tight policy needed despite inflation slowdown By ReutersBrazil's central bank chief says tight policy needed despite inflation slowdown
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