Moreira, Jose R.; Pacca, Sergio A.; Parente, Virginia - In: Energy Policy 65 (2014) C, pp. 7-15
–cost analyses of producing oil fields, pre-salt oil fields (without and with enhanced oil recovery), a business as the usual ethanol … is 4% or more, the ROI of the high ethanol scenario is greater than that of the ROI of pre-salt oil. Considering a US$40 …/t CO2 tax, the high ethanol scenario's ROI is greater than the pre-salt oil's ROI if a discount rate of 2% or more is …