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Energy and the parliamentary inquiry committee (Covid-19)

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Rafael Herzberg's picture
Consultant energy affairs Self employed

Rafael Herzberg- is an independent energy consultant, self-employed (since 2018) based in São Paulo, Brazil* Focus on C level, VPs and upper managers associated to energy related info, analysis...

  • Member since 2003
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  • Apr 14, 2021

Energy and the parliamentary inquiry committee (Covid-19)

What are the most likely scenarios in relation to the result of this PIC? How will they influence the energy business?

"Emptying" scenario

"Hot cloths" as per the Brazilian popular saying will "cushion" any initiatives that seek to identify the wrongdoers, those responsible and above all, proposing punishments to the extent provided by the Justice.

It can be predicted that there will be a loss of credibility - internal and external. The (additional) devaluation of the Real and the disinterest of international investors in projects in Brazil.

"Accountability" scenario

The main representatives of the Executive Branch will be removed from their positions, including the President of the Republic and the Ministers of Health involved.

There will be room for a new start for Brazil, signaling that a new attitude, healthy and with the backing of conformity to good principles, will potentially open a promising future for the country

Difficult but very valuable times for  a much needed "turn around". Or not!


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