Brazilian crude is as thick as tar and needs heating to enable recovery! Which blows out recovery costs!

Gas reserves? Who cares?

Brazil is one of a few countries that are looking at molten salt and thorium as part of the energy future!

And once that genie is out of the bottle, the rest will have to scramble madly to get on board or be left like high and dry fish floundering on dry sand!

Yes let's build a coal fired power station up north, to prove clean coal!

Don't worry if the goal is unobtainable or the cost demonstrably prohibitive!

We have history, when it comes to wasting scarce resources, taxpayer's funds, on great big white elephants!

Arguably to to serve the interests of debt laden, tax avoiding, profit repatriating, foreign speculators/"investors"?
Alan B.

I am no economist, but I question the govt's economic policy. I have noted over the years that the thing everyone looks at is 'the inflation figure'. I maintain that whoever set up this current style of running countries, has done so with a built in 'failure' switch. In other words it was designed to fail at certain intervals. These intervals are called 'recessions', 'depressions' and GFC's. The way they have designed it is, to put it simply, a PONZI. You push for inflation saying this is good for the economy. Wages go up and there is growth. I'm not that smart but I employ the old saying that, 'what goes up must come down'. So once every, approx, ten years, (give or take) we have what has been called a 'correction'. Now I don't know about you but I would rather see little or no inflation, if only so that we have a stable economy and people and businesses can plan and feel safe in forecasting and not have to worry about what's around the corner. I would like some feed back on this as it is a real head scratcher for me.