Encourage the biofuels sector, meet the goals of the Paris Agreement and ensure predictability, to her 13576/2017 creates the National Biofuels Policy, also called RenovaBio. This new policy helps define a strategy to ensure the strategic role of biofuels, especially when it comes to energy security and reduction of greenhouse gas emissions.
According to the Ministry of Mines and Energy, this policy has three goals.:
“The first is to create tools so that Brazil can fulfill the commitments made in the Paris Agreement.
The second is to encourage the expansion of biofuels with a focus on regular supply.
The third objective is predictability.”
The biofuels sector needed clearer rules so that they could fully develop. In addition to devices that could guarantee greater gains to producers. We even announced here on the blog the criteria for biofuel producers can join the program and be entitled to carbon credits.
To show the optimism around the program, we've listed some exciting news on the subject..
"The sector is preparing, big companies are moving, especially ethanol, but the biodiesel industry is also very interested in the subject".
The Ministry of Mines and Energy stated that the continued implementation of the National Biofuels Policy (Renovabio) is among the priority actions of the folder, "promoting supply security, with sustainability and competitive prices".
With the publication in the Official Gazette of the Union (DOU), the company will be able to meet producer certification demands. This is the second company approved by the Agency, who had already authorized, in the beginning of the month, Green Domus Sustainable Development Ltd.
The National Petroleum Agency, Natural Gas and Biofuels (ANP) assesses that the segment of biofuel producer certifiers has potential for growth in Brazil as RenovaBio gains scale,
Cogeneration of energy in Brazil from sugarcane biomass has the potential to grow around 57 percent up to 2030, in the wake of RenovaBio, biofuel policy that promises to boost the country's sugar-energy sector, the head of an industry association told Reuters.
For more information about the program, the Ministry of Mines and Energy website provides a complete material, can be accessed through the link.