Marina Silva News

A decommissioned 32,000-ton 1960's aircraft carrier has been floating off Brazil's shore for three months since Turkey refused it entry to be scrapped there because the rusting ship is an environmental hazard.The Brazilian Navy's Sao Paulo carrier had been towed by tugs to Europe but did not get past the Gibraltar straits, and was returned across the Atlantic.The Navy has acknowledged the ship is a risk to the environment and could sink, so it has not been allowed into Brazilian…

Brazilian presidential candidate Marina Silva plans to put a price on greenhouse gas emissions and implement a national carbon market if elected, according to policy proposals released on Friday. In the document, the coalition behind Silva's candidacy said the measures would help Brazil rein in emissions, which are on the verge of rising again after years of successfully being cut. Brazil had reduced its carbon emissions from 2.85 billion tonnes of CO2e (carbon dioxide equivalent) in 1995 to 1.48 billion in 2012, mainly due to a sharp reduction in deforestation after the adoption of tougher legislation and a satellite-based system to monitor forest loss. But large increases in thermal power generation and agricultural production have recently threatened to reverse the trend.

Preferred shares of Brazilian state oil company Petrobras rose sharply on Friday as investors bet that President Dilma Rousseff will not be able to win re-election in the first round of the October elections. The death of the presidential candidate Eduardo Campos in a plane crash on Wednesday raised expectations that their popular running mate Marina Silva is the representative of his party in the elections, complicating Rousseff's aspirations of winning without having to go to a second round . Investors expect a new government to approve more favorable to the interests of the minority shareholders of Petrobras policy. Some analysts said the market reaction may have been exaggerated by the term of stock options contract on Monday.