Biofuels’ Boom Meets Brazil’s Criminal Frontier
A series of recent irregularities calls for stricter governance and closer monitoring of a thriving sector, writes an expert.
RIO DE JANEIRO — The global biofuel boom is gathering speed. War in the Middle East, oil price volatility, and fears of supply disruptions in the Strait of Hormuz have strengthened the case for alternatives to petroleum, particularly in import-dependent Asian economies. The Middle East war is projected to push energy prices up 24% this year alone, while disruptions around the strait have produced what analysts call the largest oil supply shock in history. That geopolitical impulse is reinforcing a longer transition already underway. Global biofuel...
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