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Brazil: Dam Protestors Occupy Energy Ministry
Bank Of America Investment BRASILIA, Brazil -- The Brazilian Ministry of Mines and Energy was occupied this morning by 1,500 people who came from all across the country to protest the negative effects of large dams.
Energy industry regulator Ofgem has proposed a billion investment in the UK's energy network in order to replace old infrastructure.
Investment Opportunity "These men, women, and children are here to demand a halt to new dam construction until already existing problems caused by dams in Brazil are solved," said Sadi Baron, one of the coordinators of the Movement of Dam Affected People (MAB).
New research has indicated that more investment in energy efficiency could help to reduce fuel poverty.
Banc Of America Investment The protesters also targeted the headquarters of the Inter-American Development Bank, which provides loans to private companies for dam construction.
According to the special energy report recently published by the Standard and Poor, Hill Companies which is one of the world providers of financial and investment report, research and evaluation, the burden of higher oil prices can be bearable but not pleasant especially on the part of the consumers who belong to the industries that calls for greater energy supply. On the other hand, higher prices can prompt the people to use less energy and spark up the drive of energy suppliers to look for a variety of oil substitutes hence, the expansion of energy sources and supply.
Banking Investment But newly appointed Mining and Energy Minister Josa Jorge said Brazil needs all the hydroelectric power it can generate. Jorge warned Monday that the government might have to adopt electrical energy rationing programs before the end of the year due to the low water levels at Brazil's hydroelectric dams.
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Investment Solution Strategic There is no way for local industry to cut power consumption in the short term without also cutting production, Jorge said.
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Investment Banking Services More than 90 percent of the electricity produced in Brazil comes from hydropower.
Bank Investment Today's dam protests are part of today's International Day of Action Against Dams and for Rivers, Water, and Life. Protest and educational actions are taking place in 30 countries, according to the International Rivers Network.
Alternative Investment The protestors came to Brasilia from Tocantins state in central Brazil where the Lajeado dam is located and others are planned. "Lajeado Dam is bringing disease, prostitution, hunger, and alcohol to the Xerente people, and causing disrespect for our culture and an increase in violence on our lands," their leaders declared in 1999.
Online Investment Services The Apinaj indigenous people are fighting the Serra Quebrada Dam on the Tocantins River, which will flood more than five percent of their land. "We Apinaj people have the river as our source, because our culture is the mother earth, the river, nature, and animals. We do not accept this dam. We will fight to the death so that our children may live in peace," their leaders said.
Accompany Essential Investment Protesters came from Sao Paulo state where dams are planned for the Ribeira de Iguape Valley in the Atlantic coastal rainforest. Families from the Ribeira valley protested Monday at the headquarters of Brazil's environmental agency, IBAMA, against the agency's plans to award an environmental license for the Tijuco Alto dam.
Investment Company People arrived in Brasilia from Rio Grande do Sul where the Itaparica and Machadinho dams exist. They came from Pernambuco where the Itaparica dam went into operation in 1988 and from Bahia state where several dams are planned.
Investment Management Solution The protesters are calling for the democratization of Brazilian energy policy and the implementation of renewable energy generation and conservation measures to avoid the social and environmental impacts large dams cause.
Investment Management Services MAB is threatening to occupy and force construction to stop on various dam projects throughout the country.
Guide Investment Stock The Brazilian government plans to build cheaper and more flexible gas fueled power plants along with expensive and environmentally problematic hydroelectric dams. Natural gas will be produced in Brazil's new oil and gas fields and piped in from neighboring Bolivia.
Investment Manual Solution To see a list of other dam related actions happening around the world today, visit the International Rivers Network website at:
http://www.irn.org/dayofaction/2001
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