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BusinessPolitics149 words1 min read

Brazil's Government Gives Subsidy for Ethanol, Fuel Price to Fall

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The government in Brazil will give money to help ethanol producers. This is called a subsidy.

Because of the subsidy, the price of ethanol will go down. It should fall by at least 1.5% at the pump.

Ethanol is a fuel. People use it in cars, like gasoline.

Also, lawmakers are working on a different plan. It is about diesel fuel.

Diesel is used in trucks and buses. The government wants diesel to be cheaper too.

Lawmakers wrote 37 amendments to a new law about diesel. This law is called a provisional measure.

Petrobras is a big oil company in Brazil. It raised the diesel price by 1 real.

Some experts do not think this is enough. They say diesel prices are still too low compared to costs. This is called a lag.

The government wants to help drivers pay less for fuel.

Vocabulary8 words

subsidy
money the government gives to make a product cheaper
pump
the machine where you buy fuel for your car
fuel
something that makes an engine work, like gas
gasoline
a fuel made from oil
diesel
a type of fuel used in trucks and some cars
amendments
small changes made to a law
provisional measure
a law made quickly that must be approved later
lag
when something is behind or not matching

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Quiz

1. What will happen to the ethanol price?
2. How many amendments did lawmakers write about diesel?
3. Petrobras raised the diesel price. True or False?

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Fill-in-the-blank listening

Play the audio again and fill in the missing words as you listen.

The government in Brazil will give money to help ethanol _____. This is called a _____.

Because of the subsidy, the price of ethanol will go _____. It should fall by at least _____ at the pump.

Ethanol is a _____. People use it in cars, like gasoline.

Also, lawmakers are working on a different plan. It is about _____ fuel.

Lawmakers wrote _____ amendments to a new law about diesel. This law is called a provisional measure.

_____ is a big oil company in Brazil. It raised the diesel price by 1 real.

Some experts do not think this is enough. They say diesel prices are still too low compared to _____.

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