US, Brazil expand biofuels co-operation to aviation sector
In Brazil, President Obama and newly inaugurated Brazilian President Dilma Rousseff expanded a Memorandum of Understanding on Biofuels, and agreed “that the two countries have converging interests in energy-related matters, including in oil, natural gas, biofuels and other renewables. President Obama stated that the United States seeks to be a Strategic Energy Partner of Brazil. They praised the Working Group on Energy and the Memorandum of Understanding to Advance the Cooperation
on Biofuels and decided that their work will be carried out under the umbrella of a bilateral Strategic Energy Dialogue.”
To the four year old MOU, the leaders added language on aviation biofuels development, including support for the Commercial Aviation Alternative Fuels Initiative (CAAFI) and the Brazilian Alliance for Aviation Biofuels. The leaders did not release any language related to the disposition of the 54 cent per gallon ethanol tariff, which shields US corn ethanol, from competition from lower cost sugarcane ethanol.
Prior to becoming president of Brazil, Rousseff had served in past years as Brazilian minister of energy.
Category: Policy
