
The Energy Collective Group
This group brings together the best thinkers on energy and climate. Join us for smart, insightful posts and conversations about where the energy industry is and where it is going.
Post
Energy and the shame of court orders (Brazil)
Energy and the shame of court orders (Brazil)
This week the Federal Government's decision to delay payments of court orders was highlighted in the news. The justification is to "balance the country's budget".
This type of attitude is very bad for the country as it shows the institutional fragility and lack of respect for contracts.
The consequence is the removal of top-tier investors, who value the correction in the business environment.
The energy sector, which is capital-intensive, will suffer and a lot.
Of course, there will always be investors, even so. But there is a price to pay, which is reflected in tariffs and prices: the country's risk embedded in the financial calculations will be significantly increased.
Discussions
No discussions yet. Start a discussion below.
Get Published - Build a Following
The Energy Central Power Industry Network is based on one core idea - power industry professionals helping each other and advancing the industry by sharing and learning from each other.
If you have an experience or insight to share or have learned something from a conference or seminar, your peers and colleagues on Energy Central want to hear about it. It's also easy to share a link to an article you've liked or an industry resource that you think would be helpful.
Sign in to Participate