Clipping of news on Brazilian Culture, Law and Citizenship
07/05/2013
This article was translated by an automatic translation system, and was therefore not reviewed by people.
Financial assistance of R$ 18.7 million in local production announced by the state will be felt at the pumps from April
PABLO VALLEJOS
Rio - The investment of R$ 18.7 million in ethanol production will result in the state, according to the sector, the fall in the value of fuel derived from sugar cane for less than R$ 2 on posts. The forecast for the consumer to notice the difference in time to fill up the tank of the car is from April 2014. The average price in the last week of June was R $ 2.284 in Rio, according to research by the National Petroleum Agency (ANP).
The investment objective announced yesterday by the state government is to make the river is more independent in production. Today, the state produces only 0.5% of total Brazilian ethanol and consumes 6%. The initiative is part of an agreement between the Agency of the State of Rio (AgeRio), Caixa Economica Federal and State Agroindustrial Cooperative (COAGRO), Field, North Fluminense.
For best results, the funds will be used to modernize the sugar plantations. It is the second time that the industry earns incentives. Last year, the state government had already reduced the Tax on Circulation of Goods and Services (ICMS) charged from 24% to 2%.
EXPANDING PRODUCTION
With these measures, the government wants to quadruple the current amount to meet domestic consumption. "More production of sugarcane and alcohol always contributes to this," says Domingos Vargas, president of AgeRio, He also points out hat there will be generation of employment and income.
Manuel Fonseca, president of Union Gas Stations River, provides: "There are still areas where the difference compared to gasoline is 30%. However, from April 2014 it will be possible to have alcohol for just under R$ 2 ".
Using gasoline is still more advantageous
Although gasoline prices have increased and alcohol have registered decline in June, according to research by the National Petroleum Agency, using gasoline yields more for both the consumer's pocket and in performance per kilometer. According eat ANP, gasoline at the pump goes for R $ 2.984 in Rio Alcohol, in turn, to R $ 2.284.
The relationship between the amount of fuel is in the house of 0.765, by dividing the price of one by another. For the use of offsets derived from sugar cane, it is necessary that the result of the division is less than 0.70. The R$ 2 alcohol compensate.
Source: The Day - Online
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This article was translated by an automatic translation system, and was therefore not reviewed by people.