After destroying the rain forest for harvesting so called bio-fuels crops and raising the cost of food for the poorest, Brazil now plans to drill oil 6000 meters under the surface of the ocean.

It's funny to read that Brazil is also looking for ways to rip the benefits of the oil found thanks to investments it did not want to commit. Get investors on board, then rip them, but only if it works.
But the funniest is that they believe (or pretend) they could use the new wealth for social purposes.
Since when does oil enable higher education?
Oil sure brings greed, pollutions, and death.
Higher education comes from people not oil or destructive behaviors.
Humanity does not learn from past mistakes.
See also:
The Biofuel Scam.
I am reacting today to research showing that Miscanthus Shows Great Potential as Ethanol Feedstock.
We have to stop this non-sense of using arable land at 1% solar efficiency when we can use desert land at 20% efficiency or more with existing solar technologies.
Biofuels cannot be part of the solution to global pollutions and energy independence until we can grow plants in deserts at efficiencies of 10% and more. Because this is obviously impossible, then biofuels will always remain part of the problem, and never will be part of the solution.
Biofuels have an amazing list of cons, they:
Food production is already becoming a worldwide problem today with decreasing fossil-water resources, depleted soils, pollutions, decreasing arable land in general due to over-exploitation and irrigation, expanding cities and growing populations worldwide.
Brazil is gaining energy independence at the cost of the destruction of the Amazon rain-forest, 40% of which will be destroyed in the next two decades according to National Geographic, January 2007.
The target energy source must be:
The alternative energies that meet these goals exist today and are plentiful:
The non-hybrid electric engine is the solution to ground transportation. Less expensive to produce, less parts, lower maintenance cost, and fast contrary to what many people think. Range issues are solved with new infrastructure such as battery replacement stations and electric plugs in parking lots. Batteries are 100% recyclable and can be financed to reduce upfront capital costs as Better Place has shown.
I am not affiliated, nor have any financial interest, own any stock, with any company or organization mentioned in this article.