Energy Policy and Forest Sustainability: A Reflection on the New Brazilian Forest Code

Maria Dominguez, Manuel Coelho
International Journal of Finance, Insurance and Risk Management, Volume 3, Issue 4, 618, 2013
DOI: 10.35808/ijfirm/87

Abstract:

The world energy market has been suffering some modifications with the emergence of new energy resources as bio-fuels. In this context, Brazil has been proving to have the ability to produce enough ethanol derived from sugarcane through its huge territory and fertile soil, what enables the country to control a big share of the energy supply and to take the major role from other important energy producers. But, a considerable change in the use of the soil is required, being the major one the expansion of lands that leads to deforestation in Amazonia. All over the last two years, important changes were discussed and made in the Brazilian forest regulation. Our study consists on the explanation of what we think are the true and fundamental reasons for reviewing the Brazilian Forest Code; how sustainable are these changes and who will benefit from.


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