IBOV 173,295 ▲ 0.76% IPSA 10,762 ▲ 0.52% IPC MEX 67,226 ▼ 0.28% MERVAL 3,123,411 ▲ 0.88% COLCAP 2,286.19 ▲ 1.09% BVL PERÚ 55,499.07 ▲ 1.21% USD/BRL5.17▼ 0.04% USD/MXN17.50▼ 0.06% USD/CLP 921.85 — 0.00% USD/COP3,437▼ 0.25% USD/PEN3.41▼ 0.47% USD/ARS1,477▼ 0.02% USD/UYU40.22▲ 2.10% USD/PYG6,084▲ 1.66% USD/BOB6.86▲ 1.88% USD/DOP59.28▲ 2.37% USD/CRC450.59▲ 1.75% USD/GTQ7.62▲ 2.31% USD/HNL26.70▲ 0.40% USD/NIO36.62▲ 0.31% USD/VES620.66▲ 5.79% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD156.59▲ 0.44% USD/TTD6.74▲ 1.41% EUR/BRL5.88▼ 0.38% BRENT 72.60 ▼ 3.53% WTI 69.23 ▼ 3.74% IRON ORE 161.91 — — COPPER 6.21 ▲ 2.25% GOLD 4,096 ▲ 1.63% SILVER 59.67 ▲ 2.27% SOY 1,156 ▲ 2.55% CORN 421.75 ▲ 1.69% WHEAT 589.75 ▼ 0.21% COFFEE 261.25 ▼ 9.54% SUGAR 14.55 ▲ 7.38% ORANGE JUICE 148.60 ▲ 11.44% COTTON 76.78 ▲ 4.60% COCOA 5,217 ▲ 1.12% BEEF 245.83 ▼ 4.50% CATTLE 369.85 ▼ 0.92% LITHIUM 75.93 ▼ 3.21% PETR4 38.06 ▼ 1.01% VALE3 78.15 ▼ 0.65% ITUB4 42.24 ▲ 1.30% BBDC4 17.92 ▲ 1.70% ABEV3 16.73 ▲ 2.07% BBAS3 20.34 ▲ 1.45% B3SA3 14.92 ▲ 2.12% WEGE3 46.90 ▲ 0.86% PRIO3 53.29 ▼ 1.21% SUZB3 40.11 ▼ 4.50% RENT3 43.10 ▲ 1.77% AZZA3 18.99 ▼ 4.09% CSAN3 3.76 ▲ 1.35% RAIZ4 0.41 ▼ 2.38% PCAR3 2.28 ▲ 0.89% GMAT3 3.87 ▲ 1.04% PSSA3 53.26 ▲ 1.25% CVCB3 1.41 ▼ 0.70% POSI3 3.99 ▲ 1.53% SLCE3 13.17 ▼ 0.98% NATU3 7.98 ▲ 2.05% BRKM5 6.25 ▼ 8.36% RANI3 7.80 ▲ 0.39% CSNA3 4.73 ▼ 1.87% CMIN3 4.25 ▲ 0.24% USIM5 8.27 ▼ 2.71% GGBR4 21.42 ▼ 0.09% ENEV3 26.81 ▲ 2.64% NEOE3 33.80 — 0.00% CPFE3 45.50 ▲ 0.84% CMIG4 10.96 ▲ 1.58% EQTL3 39.75 ▲ 1.79% LREN3 14.97 ▲ 3.10% VIVT3 34.79 ▲ 0.64% RAIL3 13.69 ▲ 1.78% KLABIN 16.96 ▼ 0.53% RAIA DROGASIL 17.35 ▲ 0.87% RDOR3 34.71 ▲ 1.00% HAPV3 10.24 ▲ 1.19% FLRY3 15.61 ▲ 1.04% SMTO3 15.04 ▲ 2.24% UGPA3 25.60 ▲ 1.39% VBBR3 29.69 ▲ 1.78% BBSE3 39.17 ▲ 0.77% BPAC11 54.66 ▲ 0.66% CURY3 35.11 ▲ 1.15% AERI3 2.08 ▲ 0.48% VIVARA 23.54 ▲ 1.99% COMPASS 24.94 ▼ 2.35% VAMOS 2.88 ▲ 2.13% SANB11 26.35 ▲ 0.57% ASAI3 8.83 ▲ 2.56% SBSP3 29.60 ▲ 2.42% WALMEX 50.86 ▼ 0.51% GMEXICO 200.00 ▼ 1.48% FEMSA 225.20 ▲ 2.85% CEMEX 21.51 ▼ 0.97% GFNORTE 182.90 ▼ 1.59% BIMBO 57.09 ▲ 1.66% TELEVISA 9.48 ▼ 1.46% AMX 23.20 ▲ 0.74% GAP 441.57 ▼ 0.06% ASUR 308.43 — 0.00% OMA 245.60 ▲ 0.65% KOF 186.96 ▲ 1.29% GRUMA 283.22 ▲ 0.17% KIMBER 38.85 ▲ 1.68% SQM-B 65,950 ▼ 1.64% COPEC 5,765 ▼ 0.64% BSANTANDER 75.00 ▲ 2.04% FALABELLA 5,911 ▲ 0.36% ENELAM 82.00 ▲ 0.60% CENCOSUD 2,127 ▲ 0.19% CMPC 1,040 — 0.00% BANCO CHILE 177.80 ▲ 0.11% LATAM AIR 26.97 ▲ 3.25% YPF 70,050 ▼ 0.99% GGAL 7,715 ▲ 1.45% PAMPA 4,973 ▲ 0.25% TXAR 682.50 ▲ 1.49% ALUAR 991.00 ▲ 0.10% TGS 9,225 ▲ 1.15% CEPU 2,274 ▲ 2.29% MIRGOR 16,075 ▲ 0.16% COME 41.38 ▲ 0.88% LOMA NEGRA 3,555 ▲ 0.21% BYMA 307.75 ▲ 2.16% TELECOM ARG 3,958 ▲ 0.19% ECOPETROL 14.72 ▲ 1.87% BANCOLOMBIA 79.27 — 0.00% GRUPO AVAL 5.08 ▼ 0.39% CREDICORP 384.10 ▲ 0.97% SOUTHERN COPPER 171.26 ▼ 1.99% BUENAVENTURA 30.42 ▼ 0.85% MERCADOLIBRE 1,675 ▲ 3.45% NUBANK 13.17 ▲ 5.70% XP 16.13 ▲ 2.22% PAGSEGURO 9.07 ▲ 3.78% STONE 10.99 ▲ 1.85% GLOBANT 30.03 ▲ 8.29% TECNOGLASS 44.75 — 0.00% GAP AIRPORT 252.48 ▲ 0.11% ASUR 308.43 — 0.00% OMA AIRPORT 111.99 ▼ 0.02% AMX ADR 26.41 ▲ 0.42% FEMSA ADR 128.87 — 0.00% CEMEX ADR 12.28 ▼ 0.81% PETROBRAS ADR 16.29 ▼ 1.39% VALE ADR 15.07 ▼ 0.33% ITAU ADR 8.23 ▲ 2.49% SANTANDER BR 5.20 ▲ 0.78% AMBEV ADR 3.23 ▲ 2.87% CSN 0.94 ▼ 1.91% GERDAU 4.15 ▲ 0.24% LATAM ADR 58.63 ▲ 3.03% BTC 59,960 ▼ 0.09% ETH 1,573 ▼ 0.24% SOL 70.51 ▼ 1.85% XRP 1.05 ▲ 0.10% BNB 557.11 ▼ 1.72% ADA 0.15 ▼ 2.03% DOGE 0.07 ▼ 1.58% AVAX 6.44 ▼ 2.13% LINK 7.29 ▼ 0.67% DOT 0.81 ▼ 4.19% LTC 42.15 ▲ 0.73% BCH 195.61 ▼ 0.59% TRX 0.32 ▲ 0.19% XLM 0.17 ▼ 2.01% HBAR 0.07 ▲ 1.66% NEAR 1.88 ▲ 4.31% ATOM 1.57 ▼ 1.72% AAVE 94.42 ▼ 0.42% SELIC 14.25% EMBRAER 81.90 ▲ 0.99% EMBRAER ADR 63.75 ▲ 1.51% JBS 12.22 ▲ 1.58% JBS BDR 62.67 ▲ 0.87% MBRF3 17.10 ▲ 2.70% MBRFY 3.25 — 0.00% INTER 5.44 — 0.00% EGX 51,443 ▼ 0.52% USD/ZAR16.45▲ 0.27% USD/NGN1,378▼ 0.09% NIKKEI 69,361 ▼ 4.15% CSI300 4,868 ▼ 3.03% HSI 22,672 ▼ 1.76% NIFTY 24,056 ▲ 0.14% KOSPI 8,411 ▼ 5.81% JCI 5,896 ▼ 1.72% USD/JPY161.69▼ 0.02% USD/CNY6.79▼ 0.12% DAX 24,671 ▼ 1.29% CAC 8,385 ▼ 0.55% FTSE 10,508 ▼ 0.21% MIB 51,265 ▼ 1.00% IBEX 19,425 ▼ 0.45% STOXX 635.88 ▼ 0.68% EUR/USD1.14▲ 0.18% GBP/USD1.32▲ 0.24% SPX 7,354 ▼ 0.05% DJI 51,876 ▼ 0.09% NDX 29,118 ▼ 1.09% RUT 3,010 ▲ 0.07% TSX 34,980 ▲ 0.37% VIX 18.41 ▼ 2.54% USD/CAD1.42— 0.00% US10Y 4.3720 ▼ 0.46% IBOV 173,295 ▲ 0.76% IPSA 10,762 ▲ 0.52% IPC MEX 67,226 ▼ 0.28% MERVAL 3,123,411 ▲ 0.88% COLCAP 2,286.19 ▲ 1.09% BVL PERÚ 55,499.07 ▲ 1.21% USD/BRL 5.17 ▼ 0.04% USD/MXN 17.50 ▼ 0.06% USD/CLP 921.85 — 0.00% USD/COP 3,437 ▼ 0.25% USD/PEN 3.41 ▼ 0.47% USD/ARS 1,477 ▼ 0.02% USD/UYU 40.22 ▲ 2.10% USD/PYG 6,084 ▲ 1.66% USD/BOB 6.86 ▲ 1.88% USD/DOP 59.28 ▲ 2.37% USD/CRC 450.59 ▲ 1.75% USD/GTQ 7.62 ▲ 2.31% USD/HNL 26.70 ▲ 0.40% USD/NIO 36.62 ▲ 0.31% USD/VES 620.66 ▲ 5.79% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 156.59 ▲ 0.62% USD/TTD 6.74 ▲ 1.49% EUR/BRL 5.88 ▼ 0.38% BRENT 72.60 ▼ 3.53% WTI 69.23 ▼ 3.74% IRON ORE 161.91 — — COPPER 6.21 ▲ 2.25% GOLD 4,096 ▲ 1.63% SILVER 59.67 ▲ 2.27% SOY 1,156 ▲ 2.55% CORN 421.75 ▲ 1.69% WHEAT 589.75 ▼ 0.21% COFFEE 261.25 ▼ 9.54% SUGAR 14.55 ▲ 7.38% ORANGE JUICE 148.60 ▲ 11.44% COTTON 76.78 ▲ 4.60% COCOA 5,217 ▲ 1.12% BEEF 245.83 ▼ 4.50% CATTLE 369.85 ▼ 0.92% LITHIUM 75.93 ▼ 3.21% PETR4 38.06 ▼ 1.01% VALE3 78.15 ▼ 0.65% ITUB4 42.24 ▲ 1.30% BBDC4 17.92 ▲ 1.70% ABEV3 16.73 ▲ 2.07% BBAS3 20.34 ▲ 1.45% B3SA3 14.92 ▲ 2.12% WEGE3 46.90 ▲ 0.86% PRIO3 53.29 ▼ 1.21% SUZB3 40.11 ▼ 4.50% RENT3 43.10 ▲ 1.77% AZZA3 18.99 ▼ 4.09% CSAN3 3.76 ▲ 1.35% RAIZ4 0.41 ▼ 2.38% PCAR3 2.28 ▲ 0.89% GMAT3 3.87 ▲ 1.04% PSSA3 53.26 ▲ 1.25% CVCB3 1.41 ▼ 0.70% POSI3 3.99 ▲ 1.53% SLCE3 13.17 ▼ 0.98% NATU3 7.98 ▲ 2.05% BRKM5 6.25 ▼ 8.36% RANI3 7.80 ▲ 0.39% CSNA3 4.73 ▼ 1.87% CMIN3 4.25 ▲ 0.24% USIM5 8.27 ▼ 2.71% GGBR4 21.42 ▼ 0.09% ENEV3 26.81 ▲ 2.64% NEOE3 33.80 — 0.00% CPFE3 45.50 ▲ 0.84% CMIG4 10.96 ▲ 1.58% EQTL3 39.75 ▲ 1.79% LREN3 14.97 ▲ 3.10% VIVT3 34.79 ▲ 0.64% RAIL3 13.69 ▲ 1.78% KLABIN 16.96 ▼ 0.53% RAIA DROGASIL 17.35 ▲ 0.87% RDOR3 34.71 ▲ 1.00% HAPV3 10.24 ▲ 1.19% FLRY3 15.61 ▲ 1.04% SMTO3 15.04 ▲ 2.24% UGPA3 25.60 ▲ 1.39% VBBR3 29.69 ▲ 1.78% BBSE3 39.17 ▲ 0.77% BPAC11 54.66 ▲ 0.66% CURY3 35.11 ▲ 1.15% AERI3 2.08 ▲ 0.48% VIVARA 23.54 ▲ 1.99% COMPASS 24.94 ▼ 2.35% VAMOS 2.88 ▲ 2.13% SANB11 26.35 ▲ 0.57% ASAI3 8.83 ▲ 2.56% SBSP3 29.60 ▲ 2.42% WALMEX 50.86 ▼ 0.51% GMEXICO 200.00 ▼ 1.48% FEMSA 225.20 ▲ 2.85% CEMEX 21.51 ▼ 0.97% GFNORTE 182.90 ▼ 1.59% BIMBO 57.09 ▲ 1.66% TELEVISA 9.48 ▼ 1.46% AMX 23.20 ▲ 0.74% GAP 441.57 ▼ 0.06% ASUR 308.43 — 0.00% OMA 245.60 ▲ 0.65% KOF 186.96 ▲ 1.29% GRUMA 283.22 ▲ 0.17% KIMBER 38.85 ▲ 1.68% SQM-B 65,950 ▼ 1.64% COPEC 5,765 ▼ 0.64% BSANTANDER 75.00 ▲ 2.04% FALABELLA 5,911 ▲ 0.36% ENELAM 82.00 ▲ 0.60% CENCOSUD 2,127 ▲ 0.19% CMPC 1,040 — 0.00% BANCO CHILE 177.80 ▲ 0.11% LATAM AIR 26.97 ▲ 3.25% YPF 70,050 ▼ 0.99% GGAL 7,715 ▲ 1.45% PAMPA 4,973 ▲ 0.25% TXAR 682.50 ▲ 1.49% ALUAR 991.00 ▲ 0.10% TGS 9,225 ▲ 1.15% CEPU 2,274 ▲ 2.29% MIRGOR 16,075 ▲ 0.16% COME 41.38 ▲ 0.88% LOMA NEGRA 3,555 ▲ 0.21% BYMA 307.75 ▲ 2.16% TELECOM ARG 3,958 ▲ 0.19% ECOPETROL 14.72 ▲ 1.87% BANCOLOMBIA 79.27 — 0.00% GRUPO AVAL 5.08 ▼ 0.39% CREDICORP 384.10 ▲ 0.97% SOUTHERN COPPER 171.26 ▼ 1.99% BUENAVENTURA 30.42 ▼ 0.85% MERCADOLIBRE 1,675 ▲ 3.45% NUBANK 13.17 ▲ 5.70% XP 16.13 ▲ 2.22% PAGSEGURO 9.07 ▲ 3.78% STONE 10.99 ▲ 1.85% GLOBANT 30.03 ▲ 8.29% TECNOGLASS 44.75 — 0.00% GAP AIRPORT 252.48 ▲ 0.11% ASUR 308.43 — 0.00% OMA AIRPORT 111.99 ▼ 0.02% AMX ADR 26.41 ▲ 0.42% FEMSA ADR 128.87 — 0.00% CEMEX ADR 12.28 ▼ 0.81% PETROBRAS ADR 16.29 ▼ 1.39% VALE ADR 15.07 ▼ 0.33% ITAU ADR 8.23 ▲ 2.49% SANTANDER BR 5.20 ▲ 0.78% AMBEV ADR 3.23 ▲ 2.87% CSN 0.94 ▼ 1.91% GERDAU 4.15 ▲ 0.24% LATAM ADR 58.63 ▲ 3.03% BTC 59,960 ▼ 0.09% ETH 1,573 ▼ 0.24% SOL 70.51 ▼ 1.85% XRP 1.05 ▲ 0.10% BNB 557.11 ▼ 1.72% ADA 0.15 ▼ 2.03% DOGE 0.07 ▼ 1.58% AVAX 6.44 ▼ 2.13% LINK 7.29 ▼ 0.67% DOT 0.81 ▼ 4.19% LTC 42.15 ▲ 0.73% BCH 195.61 ▼ 0.59% TRX 0.32 ▲ 0.19% XLM 0.17 ▼ 2.01% HBAR 0.07 ▲ 1.66% NEAR 1.88 ▲ 4.31% ATOM 1.57 ▼ 1.72% AAVE 94.42 ▼ 0.42% SELIC 14.25% EMBRAER 81.90 ▲ 0.99% EMBRAER ADR 63.75 ▲ 1.51% JBS 12.22 ▲ 1.58% JBS BDR 62.67 ▲ 0.87% MBRF3 17.10 ▲ 2.70% MBRFY 3.25 — 0.00% INTER 5.44 — 0.00% EGX 51,443 ▼ 0.52% USD/ZAR 16.45 ▼ 0.20% USD/NGN 1,378 ▼ 0.09% NIKKEI 69,361 ▼ 4.15% CSI300 4,868 ▼ 3.03% HSI 22,672 ▼ 1.76% NIFTY 24,056 ▲ 0.14% KOSPI 8,411 ▼ 5.81% JCI 5,896 ▼ 1.72% USD/JPY 161.69 ▼ 0.06% USD/CNY 6.7897 ▲ 0.01% DAX 24,671 ▼ 1.29% CAC 8,385 ▼ 0.55% FTSE 10,508 ▼ 0.21% MIB 51,265 ▼ 1.00% IBEX 19,425 ▼ 0.45% STOXX 635.88 ▼ 0.68% EUR/USD 1.1390 ▲ 0.11% GBP/USD 1.3198 ▲ 0.01% SPX 7,354 ▼ 0.05% DJI 51,876 ▼ 0.09% NDX 29,118 ▼ 1.09% RUT 3,010 ▲ 0.07% TSX 34,980 ▲ 0.37% VIX 18.41 ▼ 2.54% USD/CAD 1.4194 ▲ 0.03% US10Y 4.3720 ▼ 0.46%
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Business - Brazil Rio de Janeiro

São Paulo May Institute Water Use Fines

By · April 29, 2014 · 3 min read

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By Lise Alves, Contributing Reporter

SÃO PAULO, BRAZIL – The governor of São Paulo, Geraldo Alckmin, reiterated this past weekend plans of applying a fine to those using too much water, requesting an increase of up to thirty percent starting May 1st. If the increase is approved by Sao Paulo’s water regulating agency (Arsesp) the effect of the measure would already show up on consumers’ June water bills.

Cantareira Reservoir drying up due to drought, São Paulo, Brazil News, Brazil
Cantareira Reservoir drying up due to drought, photo by SABESP.
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The Cantareira water system supplies water to more than 8.8 million inhabitants in the city of São Paulo. Yet the reservoir to South America’s largest metropolis is at its lowest level since measurements began to be recorded, in 1974.

The reservoir, according to SABESP (São Paulo’s water utility agency), was at 10.9 percent of its capacity on Tuesday morning. A year ago the volume of water registered in the system surpassed the sixty percent level.

In February, the governor announced the state would be giving a thirty percent bonus to those who were able to decrease their water usage by twenty percent. By the end of March, government officials said that more than 76 percent of consumers were able to decrease water consumption in the city, although only 37 percent were able to reduce it by twenty percent or more to obtain the bonus.

With no substantial rainfall, however, water supply in the Cantareira system continues to decrease. In late March, with options decreasing rapidly, the São Paulo government caused some tension with its neighbor state, Rio de Janeiro, by asking the federal government for permission to use some of the water from the Paraiba do Sul River.

A view of São Paulo, Brazil News, Brazil
A view of São Paulo from the Cantareira mountains, the source of half the city water supplies, photo by Gabor Basch/Flickr Creative Commons License.

The river’s water is federally controlled and traditionally supplies water to Rio de Janeiro. Rio’s then-governor Sergio Cabral took to Twitter to criticize the project, which was swiftly put on the back burner.

The increase in customers’ water bills, however, may be illegal, says IDEC (Consumer Protection Institute). “We understand that for the state to apply such increase it will have to first officially declare it is starting a rationing program for the city,” says Carlos Thadeu de Oliveira, IDEC’s technical manager. “It is against the law and the Consumer Defense Code to increase public utilities without a just cause,” he adds.

Government officials, however, have repeatedly stated that rationing is not likely to occur. When questioned by The Rio Times about the fines, São Paulo’s Department of Water Resources stressed that the increase would not be a “fine but a contingency tariff for those consumers which register water consumption above their 2013 average.”

Oliveira, however, says that it does not matter what the government wants to call the increase, the rationing decree must first be announced. He believes, “they just don’t want to announce a rationing program during an election year.”

With the dry season just around the corner, the city of São Paulo may soon face the same problems other municipalities in the São Paulo metropolitan region are struggling with. Guarulhos, home to São Paulo’s International Airport, but not supplied by the Cantareira system, has already installed a rationing system, affecting more than 800,000 people. All of this just in time for the opening game of the World Cup in São Paulo, on June 12th.

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