Saturday, March 10, 2007

BBC NEWS | Americas | US-Brazil deal to boost bio-fuels

This deal is more about sticking it up Hugo Chavez's petro-politics than environmental benefits

US-Brazil deal to boost bio-fuels:



"US-Brazil deal to boost bio-fuels
Protester holds banner reading 'Hold a tree' outside Sao Paulo's Hilton Morumbi Hotel
Protesters fear the fuel deal will lead to more Amazon deforestation
The United States and Brazil have signed an agreement to develop alternative fuel sources.

US President George W Bush said that by reducing oil dependence the two countries would be helping security, their economies and the environment.

His host, President Luis Inacio Lula da Silva, said the deal was a new moment for the car industry, fuel production and humanity in general.

Mr Bush has now continued to Uruguay, the second stop on a five-nation tour.

About 5,000 people people demonstrated against him on his arrival there, and there had been similar protests earlier during his stay in Brazil.

Correspondents say the US president will not have seen any of the protests, but a large white balloon with the words 'Bush out' emblazoned on the side would have been visible to him as he went to meet Mr Inacio da Silva.

Mr Bush is now in Montevideo, and he will later continue to Colombia, Guatemala and Mexico during his six-day tour of Latin America.

Coinciding with Mr Bush's visit to Uruguay, Venezuelan President Hugo Chavez is visiting Argentina, across the River Plate, where he called Mr Bush a 'politic"

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