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Rafael Herzberg
Rafael Herzberg
Expert Member
Top Contributor

Energy in Brazil: Bob's your uncle

Energy: Bob is your uncle!

Congress overturns Lula's veto and reinstates crony projects that increase electricity bills.

Tens of billions of US Dollars per year are guaranteed in additional costs that energy consumers will pay to make viable energy related projects  of interest to selected economic groups.

An absurdity, to simply and directly indicate what has been happening in our country for decades and that continues at full steam!

It is worse for industrial companies that want to remain in Brazil with productive activities, because Brazilian competitiveness is going downhill.

Bob is your uncle is an English expression that means “that's it!”. This is the explanation that can be given to those who are interested in learning more about Brazil and in particular the electricity sector.

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