Carbon credits provide further leverage to Brazil's sugar ethanol dominance.
Brazil: Agricultural Situation The CO2 Market in Brazil 2007
Date: 3/20/2007 GAIN Report Number: BR7002
Approved by:
Morgan Perkins, Director
U.S.AGRICULTURAL TRADE OFFICER
Prepared by:
Fabiana Fonseca, Agricultural Marketing Specialist
Report Highlights:
This report gives an overview of the process by which Brazil’s sugar and ethanol producers are able to generate revenue via the sale of carbon credits. While still in its infancy, development of this market promises to provide industry with a new source of revenue while requiring little additional investment.
USDA Foreign Agricultural Service
GAIN Report
Global Agriculture Information Network
(link as yet unavailable)
Labels: Biofuel, Carbon credits, Commodity trade, Economics, Environmental management, South America

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