Dr. Fatih Birol affirms that “Brazil’s experience shows that policies do matter” (lines 33-34) because, due to its long-term energy policies, the country

was about to change its position from a major oil consumer into that of a net oil exporter.

could dramatically increase oil exports to nearly one million barrels per day to world markets.

was able to expand its deep-water oil resources and restrict biofuels output in the recent years.

implemented a rewarding biofuels programme that helped reduce national oil-demand growth.

succeeded in doubling its oil production in the last few years as the result of an outstanding increase in deep-water production.