Brazil braced for unexpected oil wealth
At a time when most countries are struggling with ageing oilfields, Brazil is debating a new future as an oil exporter following the recent discovery of world-class reservoirs off its coast.
President Luiz Inácio Lula da Silva (Lula) has appointed a cabinet-level committee to come up with recommendations on proposals such as the creation of a state-owned company to manage the development, and a national ‘rainy-day’ fund for collecting and disbursing the revenue. The committee is expected to report later this week, but Lula is said to favour both approaches, and says that he wants to see the money invested in education and social programmes.
(Veja a material completa em http://www.nature.com/news/2008/080924/full/455438b.html).
Prof. Carlos Alberto 