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Global Positioning

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Despite sophisticated technologies, and huge sums invested, the discoveries peaked in the 1960s, from then on the rate of new finds, particularly of large oil fields, began to decline. [...] a study by the International Energy Agency about the future of production, consumption and prices until 2030, and a survey by the same agency on the production capacity of the existing eight hundred or so fields, predict that oil will remain a scarce commodity, despite the current international financial crisis, and that production will probably peak in 2020.

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									THEWORLDTODAY.ORG MAY 2009
PAGE 10




                                                       GlobalPo




              | INDEPENDENT THINKING ON INTERNATIONAL AFFAIRS
                                                                               THEWORLDTODAY.ORG MAY 2009
                                                                                                                                                 PAGE 11
  CLIMATE CHANGE AND RENEWABLE ENERGY: BRAZIL
  Paulo Wrobel, LATIN AMERICA ANALYST, ADVISER TO BRAZILIAN EMBASSY, LONDON




ositioning a
                                                                               HUNDRED EIGHTY-SEVEN COUNTRIES WILL
                                                                              meet in Copenhagen in December, at the
                                                                              United      Nations      Climate      Change
                                                                              Conference, to try to reach a new
                                                                              international agreement, to take effect after
                                                                              the Kyoto Protocol expires in 2012. If
                                                           Copenhagen is successful, it will be the culmination of almost
                                                           twenty years of international diplomatic negotiations on the
                                                           environment. These started in Brazil, at Rio-92, at the time
                                                           the largest gathering of heads of state, where the concept of
                                                           sustainable development was accepted as a guiding principle.
                                                           Despite playing host to these groundbreaking talks, until
                                                           quite recently, Brazil has been a very reluctant player.


                                                           PUTTING OUT FIRES
                                                              Brazil has evolved its position on climate change
                                                           negotiations, and started to engage more positively at an
                                                           international level. The crucial issue is accepting that
                                                           deforestation is one of the main culprits in carbon emissions.
                                                           Until very recently, Brasília had been reluctant to shoulder its
                                                           share of responsibility in international talks.
                                                              Reversing previous policies after months of public
                                                           consultation, the government announced a National
    
								
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