Biofuels

RenovaBio will increase biofuel production in the country

Programme will also reduce greenhouse effect gases emissions in 43% by 2030

BrazilGovNews
17/02/2017 18:37
RenovaBio will increase biofuel production in the country Imagem: Petrobras Agency Visualizações: 2542 (0) (0) (0) (0)

This Wednesday (15), the government announced the main guidelines for the RenovaBio programme, which aims to increase the production of biofuels in the country. Launched by the Ministry of Mines and Energy in December last year, the programme was presented to representatives of the sector, and will undergo public consultation, so that improvements might be made by 20 March.

 

RenovaBio actions shall strive to reach competitiveness in production, marketing and use of biofuels, encouraging competition between biofuels themselves and in relation to fossil fuels. Emphasis will be given to security of supply, combating anti-competitive practices and protecting consumers' interests vis-à-vis price, quality and supply.

 

Environment

 

According to the Ministry of Mines and Energy, the RenovaBio programme will also help in the process of reducing greenhouse effect gases emissions in 43% by 2030, according to targets agreed to by the Paris Climate Conference.

 

“We understand that this is an extremely important acknowledgement of the importance of biofuels, in economic activity,as well as in social and environmental benefits for the country," said the Managing Director of the Brazilian Union of Biodiesel and Biokerosene (Ubrabio), Donizete Tokarski, who attended the meeting.

 

According to him, one of the sector's demands is anticipating the increase in the percentage of biodiesel blended with diesel. Currently, this percentage is at 7% (biodiesel B7) and will increase to 8% (B8) in March this year, and to 9% (B9) in March of next year. Ubrabio wants to move the date when B9 will brought into the market forward, to July this year.

 

Public Consultation

 

The public consultation is fruit of dialogue between the federal government and the productive sector, which together drew up general guidelines for the building of actions, allowing the increase of the share of renewable fuels in an environment that encourages technological innovation, supplying for the growth in the market.

 

The Minister of Mines and Energy, Fernando Coelho Filho, pointed out that the launch of the public consultation marks the return of dialogue with the sector, stressing the importance of biofuels in the energy mix.

 

“Launching this public consultation emphasizes the value of dialogue between all agents of the sector and enhances the interest of this ministry in developing the biofuels sector. This is the beginning of a path that we have started traveling on, "said the minister.

Most Read Today
see see
OTC Brasil 2025
O&G exploration is key to social development and a just ...
28/10/25
OTC Brasil 2025
Experts warn regulatory instability threatens US$100 bil...
28/10/25
International Company News
Sercel Awarded Major Contract by ONGC to Supply Sercel 5...
28/10/25
Record
Petrobras announces production record of FPSO Almirante ...
28/10/25
OTC Brasil 2025
Event brings together global offshore industry leaders a...
28/10/25
OTC Brasil 2025
Petrobras participates in OTC Brasil 2025, in Rio de Janeiro
28/10/25
Petrobras
Petrobras produced 3.14 million barrels of oil equivalen...
27/10/25
FIRJAN
By 2035+, Rio de Janeiro State’s Energy Potential Could ...
23/10/25
Pre-Salt
PPSA to auction in December the first share of governmen...
23/10/25
Auction
Petrobras wins auction and leases RDJ07 terminal at the ...
23/10/25
Permanent Offer
Equinor acquires two new blocks in the Campos Basin duri...
23/10/25
OTC Brasil 2025
OTC Brasil 2025 Kicks Off in One Week with a Packed Prog...
22/10/25
Agreement
Wärtsilä Lifecycle agreement renewed to maintain safe, r...
22/10/25
Petrobras
Petrobras receives operating license for deepwater explo...
20/10/25
Equatorial Margin
License Grant for Drilling in the Equatorial Margin Is P...
20/10/25
Equatorial Margin
ABESPetro Statement on the Licensing of the Equatorial M...
20/10/25
Energy Transition
BNDES, Petrobras, and Finep select Valetec to manage the...
20/10/25
Pre-Salt
Petrobras and PPSA sign equalization agreement for Jubar...
20/10/25
WPC Energy Youth Forum
Kuwait to Host 8th WPC Energy Youth Forum in October 2025
20/10/25
Exports
Petrobras signs contract to sell six million barrels of ...
20/10/25
Petrobras
Petrobras puts the Harpia supercomputer into operation
10/10/25
VEJA MAIS
Newsletter TN

Contact us

We use cookies to ensure you have the best experience on our website. If you continue to use this site, we will assume that you agree with our Privacy Policy, terms of use and cookies.