#1CSLF Presentation by Brazil Technical Group Meeting (19-21st January, 2004)#2Technical Group Meeting Presentation by Brazil Introduction • Carbon Sequestration, a new issue Recognization of its world importance Brazilian clean and renewable energy matrix (95% hydraulic) - Very low average inhabitant CO2 emissions - Use of biofuels to transportation#3Technical Group Meeting Presentation by Brazil Brazilian Experience • Industrial • - Enhanced Oil Recovery in Northeast Brazil - Reforestation - Brazilian Emission Inventory R&D - - Microalgae for Biodiesel Production - Brazilian CO2 Geological Storage Capacity#4Technical Group Meeting Presentation by Brazil Enhanced Oil Recovery by Petrobras Mapping CO2 Storage Capacity of Depleted Oil and Gas Fields • 2 Active Pilot Projects (from late 80's) • 3 New Projects to Early 2006 • 20 New Projects up to 2010 Budget: US$ 70.000.000 Sequestration: 1.000.000 CO2 ton/year#5Technical Group Meeting Presentation by Brazil Possible Technical Cooperation • Capture from Stationary Sources • • Transportation Geological Carbon Sequestration - Monitoring - Risk Analysis • New Utilization of CO2#6Technical Group Meeting Presentation by Brazil Other Issues to be Adressed • Legal, Regulatory and Financial