Brazil’s president-elect Luiz Inácio Lula da Silva wants to reassert some form of state control over motor fuel prices and steer state-run Petrobras back into refining, but analysts say he will have limited political and economic scope for major near-term fossil fuels policy changes.
Uruguay is the latest South American country to unveil a green hydrogen roadmap, but unlike some other aspiring producers and exporters of the emerging resource, the government has not yet relinquished plans to drill for oil and gas.
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