CEO of Franklin Park Infrastructure and Chairman of the Great Lakes Energy Institute sees potential in the energy and natural resources in the region and how...
Brazil has the highest percentage of renewable energy of any major country, with 93% of its power generation coming from renewable sources. By contrast, renewables generate about 20% of all U.S. electricity, writes Tom Tribone. Pictured is Brazil’s Itaipu Dam, on the Paraná River between Brazil and Paraguay.The widely denounced recent election in Venezuela should not deter us from recognizing the strategic potential of closer U.S.-Latin America integration.
Enter Latin America with its energy abundance, much of which is renewable. Brazil has the highest percentage of renewable energy of any major country, withcoming from renewable sources. It has a sprawling renewable ethanol industry to the point where 70% of its cars use locally produced, renewable ethanol. By contrast, rof all U.S. electricity. U.S. cars use 10% ethanol.
Of course, the region has its share of well-known challenges, such as drug trafficking, illegal destruction of the rainforest and corruption. These are not simple problems to solve, but the U.S. has continued to provide valuable aid and assistance with these issues. Irrespective of which party wins the White House we should continue this assistance with vigor, stepped-up cooperation and hopefully some fresh ideas.
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