Watching Government: Friendly neighbors

09/03/2001
Today's energy worries are a hemispheric, not a country-specific problem.Brazil is a dramatic case in point. It is suffering from a full-blown energy crisis, a result of both natural forces and human error.About 90% of Brazil's electricity is generated by hydropower, and the country has been plagued by low rainfall over the past few years. The fact that neither the state-owned electric company nor outside investors put enough money into generating plants compounded the problem.As a result, the country's struggles to meet its demand load are now more severe than what has been seen the past year in California."The effects of the shortage are widespread: night-time soccer matches...
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