Last week, executives of Brazil’s Ministry of Mines and Energy unexpectedly announced to the Brazilian newspaper O Globo that the country would cease building large dams on the Amazon’s rivers!
Like many of our allies, we celebrated this news and were especially heartened by the fact that the executives cited the need to “respect the social desire to restrict these projects.”
Acknowledging the complexity in both licensing and financing mega-dams in the era of controversial projects like Belo Monte, these officials indicated that Brazil would pursue new directions to meet its energy needs that emphasize clean renewable power and decentralization.
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