Brazil’s Good-News Story Is Hiding in the Rainforest

Brazil’s Good-News Story Is Hiding in the Rainforest

Chamber Articles Category: Agribusiness Post Date: 09/28/18 Source: Bloomberg By: Mac Margolis
Article Content

Not to spoil the mood, but a green shoot threatens to poke through the funk lately enveloping Brazil. The rare good news emerges from an unlikely patch of this conflagrated land, the Amazon rainforest.

For the last several years, deforestation in the Amazon, a calamity at which Brazil unfortunately has always excelled, has plummeted. And with it, so have emissions of climate-cooking carbon gases loosed by forest clearing and slash-and-burn agriculture. So much so, that Brazil is already well ahead of its 2020 target for reducing greenhouse gases, as agreed at the U.N. Climate Change Conference in Copenhagen, in 2009. Read Full Article