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...It is building its first electric car factory outside Asia in Brazil as part of a R$3bn ($620mn) investment....
...Many of the plans involve some element of electric vehicles or hybrids, in line with President Luiz Inácio Lula da Silva’s aspirations for a ‘green’ revival of Brazilian industry....
...It is planning a R$21bn (US$4.3bn) green H2 investment at the Suape port in Pernambuco state. “We will be competing with other countries that offer highly competitive scenarios.”...
...Stellantis has unveiled a R$30bn (US$6bn) programme to upgrade car production in Brazil, joining a $14bn wave of investment pledges by global carmakers in Latin America’s largest economy this year....
...Toyota has pledged to invest R$11bn ($2.2bn) in Brazil by the end of the decade, boosting president Luiz Inácio Lula da Silva’s goal to revive manufacturing in the South American nation....
...Well, Michael Crick, thank you so much for joining us this week. Stephen Bush, Miranda Green, thanks for joining. [MUSIC PLAYING] Michael CrickThank you. Stephen BushThank you....
...“We employ a consultancy to do our R&D claims for us because we haven’t got the time to fight the claims,” he said....
...Revenues meanwhile increased from R$140mn in 2022 to R$402mn last year. Textor says the target is to break even next year....
...michael.pooler@ft.com...
...Michael Cross Co-Author, ‘The Green Edge’, Portsmouth, Hampshire, UK...
...French renewable energy group Qair is planning a R$21bn green H2 project at the port, but local executive Gustavo Silva says the sector needs regulation and incentives....
...After the Mariana disaster they had originally filed a lawsuit demanding R$155bn in compensation....
...A Brazilian court has ordered iron ore producer Samarco along with its owners Vale and BHP to pay R$47.6bn ($9.7bn) in compensation for a dam collapse that triggered one of the country’s worst environmental...
...A Brazilian court has ordered iron ore producer Samarco, along with its owners Vale and BHP, to pay R$47.6bn ($9.7bn) in compensation for a dam collapse that triggered one of the country’s worst environmental...
...Brazil has made its debut in the sustainable sovereign debt market, with a $2bn bond issuance that will help fund the green agenda of President Luiz Inácio Lula da Silva.The finance ministry in Brasília...
...It is building its first electric car factory outside Asia in Brazil as part of a R$3bn ($620mn) investment. Read more here....
...But those investments in green technologies like biofuels and hydrogen are still very, very early-stage....
...The company, which at the start of the year uncovered accounting irregularities now estimated at R$25bn ($5.1bn), said the binding agreement covered 35 per cent of its debt....
...Most of the country’s outstanding public borrowing of R$6.1tn is funded by domestic savers in reais....
...As examples of the types of project the IDB now aims to back, he cited a $400mn investment in green hydrogen in Chile and a waste management project in the Dominican Republic....
...“Children are the R&D department of the human species — the blue-sky guys, the brainstormers. Adults are production and marketing.”...
...Miranda Green is the FT’s deputy opinion editor...
...The “new denial” seeks to undermine confidence in green energy solutions, as well as climate science and scientists, the research led by a group of academics and the Center for Countering Digital Hate (CCDH...
...She cites Germany’s development of green steel, using its state development bank KfW to make loans conditional on the introduction of environmentally friendly technologies....
...However, the proposals have drawn attacks from green activists, who accuse the company of fuelling deforestation....
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