New law in Brazil seeks to boost biofuel output


Brazil has enacted legislation to boost the output and use of biofuels and thus reduce carbon emissions. The linchpin of the law, a carbon-credit market designed to benefit biofuel producers, is—not surprisingly—being applauded by the producers, but environmental experts say it is unclear whether the approach will succeed in curbing emissions. Following approval of the biofuel legislation on Nov. 28 by the Chamber of Deputies, which is the lower house of Congress, the Brazilian Senate passed the bill on Dec. 8 and President Michel Temer signed it into law, effective immediately, on Dec. 26. “Brazil has taken a first step towards creating the low-carbon economy needed to help the country meet its Paris climate agreement targets,” said Everton Lucero, the Environment... [Log in to read more]

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