The Rise of a Natural Knowledge Economy in Brazil

The Rise of a Natural Knowledge Economy in Brazil
Innovation
Lourenço Bustani
  • 12 september 2008

To illustrate how far ahead Brazil is in the biofuel arena, the study highlighted the “Pró-alcool” plan of 1973 which encouraged the production of ethanol as a countermeasure to the petrol crisis. Currently, more than 27% of the car fleet in the country is composed of “flex” vehicles – which can use both gasoline and ethanol as a fuel. In 2007, “flex” cars represented almost 88% of the sales of new vehicles.

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