No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveDominican Republic, Brazil Join in Biofuel Partnership

Dominican Republic, Brazil Join in Biofuel Partnership

BRASILIA – Brazilian President Luiz Inacio Lula da Silva and Dominican counterpart Leonel Fernández expressed their support this week for biofuels as a weapon against climate change and a tool to combat poverty in less-developed countries.

“Global warming affects us all,” Fernández said in a joint statement with Lula after their private meeting in the Brazilian capital.

“The island of Hispaniola (which the Dominican Republic shares with Haiti) is in danger of sinking” – or, rather, becoming submerged – if the polar ice caps disappear or even if they just continue melting at the current rate, circumstances which would raise the ocean level worldwide, he said.

Lula said that Brazil will work with the Dominican Republic to “respond to the fundamental challenges of the 21st century,” among which he cited climate change and providing jobs for the rural poor in Latin America.

He offered the cooperation of Brazil – the world’s top exporter of ethanol – in developing a sugar-based ethanol industry in the Dominican Republic.

At the conclusion of the June 21 meeting, the two nations signed a cooperation accord to produce biodiesel using castor oil, produced from the castor bean, which is easily cultivated in moderately arid regions.

Lula also committed himself to “convince” Brazilian businessmen of the advantages currently offered by the Dominican Republic for biofuel production, advantages that Fernández emphasized.

The Dominican leader said that the Central American Free-Trade Agreement with the United States and the Dominican Republic (CAFTA-DR) makes the Dominican Republic an ideal platform for biofuel and other exports.

He pointed out that Brazilian-made ethanol faces high U.S. import tariffs that would not apply to Dominican biofuel exports.

Brazilian firm Infinity Bio Energy has already announced an investment of $80 million – with an additional $120 million planned – to install what will be the first ethanol production plant in the Dominican Republic.

The Dominican Republic was included among the countries in which Brazil and the United States, as per their agreement in March, will jointly develop pilot projects for ethanol production.

 

Trending Now

Honduras’ President-Elect Faces Challenges With Thin Congressional Backing

Nasry Asfura, Honduras' president-elect and a key ally of U.S. President Donald Trump, steps into office with limited support in Congress, a setup that...

Costa Rica’s Elesban Rodríguez Honored at Pasadena Rose Parade

Elesban Rodríguez, director of the Banda Municipal de Zarcero, stepped into the spotlight at the 137th Rose Parade in Pasadena, California, on New...

Jimmy Fallon’s Papagayo Getaway Boosts Costa Rica Luxury Tourism

Comedian and late-night host Jimmy Fallon wrapped up 2025 with a family trip to Costa Rica, choosing the Papagayo Peninsula for a mix of...

United States Launches Strikes on Caracas, Captures Venezuelan President Maduro

United States forces bombed several sites in Caracas early this morning, leading to the capture of Venezuelan President Nicolás Maduro, according to an announcement...

U.S. Congresswoman Marjorie Taylor Greene Visits Costa Rica for Holiday Break

U.S. Congresswoman Marjorie Taylor Greene, a Republican from Georgia, has chosen Costa Rica for her Christmas vacation this year. She arrived with her fiancé,...

Panama Reports Rising Criminal Pressure as Cocaine Flow Surges

Panama ruled out on Wednesday that the Gulf Clan, Colombia’s largest drug-trafficking cartel, maintains a permanent presence in its border areas, though it reported...
Avatar
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Travel

Latest News from Costa Rica