Brazil elected a leftist president on Sunday but they also elected a friend of climate change

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By Trey Thoelcke Updated Published
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Brazil elected a leftist president on Sunday but they also elected a friend of climate change

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(Michael Molinski is a senior economist at Trendline Economics. He’s worked for Fidelity, Charles Schwab and Wells Fargo, and previously as a foreign correspondent and editor for Bloomberg News and MarketWatch.)

RIO DE JANEIRO (Callaway Climate Insights) — I first met Brazilian President Luiz Inacio Lula da Silva when he was campaigning for president in 1994. As a reporter for Bloomberg, I sat with him on a lawn chair atop his campaign van, which he drove across Sao Paulo blasting his campaign speeches through big speakers. He went on to lose that election before he was eventually elected president in 2002.

I found him to be personable, passionate, honest and had a genuine interest in improving the economic and social conditions of Brazilians. And I continued to have that opinion of Lula during his years as president.

Brazilians have elected the former president to replace far-right incumbent President Jair Bolsonaro. But they also elected a friend of climate change.

For Brazilians, their vote could not be more stark between two wide-reaching political and economic candidates. And for the rest of the world, the election also meant a choice between a defender of the environment, Lula, and a destroyer of the environment, Bolsonaro…

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About the Author Trey Thoelcke →

Trey has been an editor and author at 24/7 Wall St. for more than a decade, where he has published thousands of articles analyzing corporate earnings, dividend stocks, short interest, insider buying, private equity, and market trends. His comprehensive coverage spans the full spectrum of financial markets, from blue-chip stalwarts to emerging growth companies.

Beyond 24/7 Wall St., Trey has created and edited financial content for Benzinga and AOL's BloggingStocks, contributing additional hundreds of articles to the investment community. He previously oversaw the 24/7 Climate Insights site, managing editorial operations and content strategy, and currently oversees and creates content for My Investing News.

Trey's editorial expertise extends across multiple publishing environments. He served as production editor at Dearborn Financial Publishing and development editor at Kaplan, where he helped shape financial education materials. Earlier in his career, he worked as a writer-producer at SVE. His freelance editing portfolio includes work for prestigious clients such as Sage Publications, Rand McNally, the Institute for Supply Management, the American Library Association, Eggplant Literary Productions, and Spiegel.

Outside of financial journalism, Trey writes fiction and has been an active member of the writing community for years, overseeing a long-running critique group and moderating workshop sessions at regional conventions. He lives with his family in an old house in the Midwest.

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