Byusnewsr1-

Jun 22, 2022

Expensive Energy from Cheap Sources Hampers Brazil’s Economy

Expensive Energy from Cheap Sources Hampers Brazil’s Economy

President Jair Bolsonaro launched the sale of shares of Eletrobras, the largest company in the electricity sector in Brazil, which will be privatized through its capitalization. The State will remain as a minority partner, in a privatization process approved by Congress, conditional on the construction of gas thermoelectric power plants in the interior of the country, far from gas fields and…

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