Amcham Power Crisis2

Special Presentation The Energy Crisis in Brazil American Chamber Business Affairs Committee São Paulo, April 25, 2001

AGENDA ,[object Object],[object Object],[object Object],[object Object]

What is happening? In sum: chaos ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

II - How did we get to this point?

Physiology of a crisis ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Facts, not ideas ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Is this surprising? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

All of this is happening in the midst of a significant process of restructuring of the energy sectors in Brazil ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Why hasn’t anything being done before? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Has the Emergency Plan failed? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Why has the Emergency Plan “failed” ,[object Object],[object Object],[object Object],[object Object]

Why has the Emergency Plan “failed” (continued) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Why has the Emergency Plan “failed” (continued) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

No one knows - a multi-billion dollar question ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

IV - What are the proposed solutions?

For the time being, let’s try to minimize the impact of rationing - and trust on markets forces ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Will this suffice? No ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

And after we pass the crisis? What should be done? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Where should we move to? CERA has offered three options ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

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