Envoy: invest in Brazil's biomass energy sector

Taiwan’s representative to Brazil urged the government and private enterprises to invest in Brazil’s biomass energy sector, saying the South American country’s environmentally-friendly energy technology is “mature.”

Chou Shu-yeh made the call at a workshop on global investment and trade opportunities, which was organized and held by the Taipei-based Chinese National Association of Industry and Commerce and the Foreign Service Institute under the Ministry of Foreign Affairs in Taipei Tuesday.

In Brazil, Chou said, there are two kinds of fuel for automobiles — one is pure ethanol and the other is a mixture of 15 percent ethanol and 85 percent petroleum. He added that the Brazilian government is considering raising the percentage of ethanol in the mixed fuel to 25 percent.

Chou Kuo-chin, chief of the economic division under the Taiwan representative office in Brazil, pointed out that Brazil began developing its biomass energy sector two decades ago and that it now possesses advanced bioenergy production technology.

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