June 12th, 2015
Episode 283 of 836 episodes
Brazil's has made ethanol brewed from sugar cane its answer to rising carbon emissions. But the falling oil price has been hitting its industry hard. We hear a report from Brazil's biofuels capital, Sertaozinho, about the effect this is having. We also speak to environmentalist and author, Gernot Wagner, whose new book, 'Climate Shock: The Economic Consequences of a Hotter Planet', looks among other things at the possibility of a new global carbon tax to set what he believes would be a more realistic price for fossil fuels. And we look at the rising levels of debt in Ghana and Uganda ten years after a G8 summit forgave the debt of many African nations. (Photo: Tractor harvesting sugar cane for bio-fuels in Brazil, Credit: Nelson Almeida/Getty Images)
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