Brazil finalises lower RenovaBio targets as biofuel credit trade picks up

Published 16:01 on September 18, 2020  /  Last updated at 00:00 on September 19, 2020  /  Americas, RINs & LCFS, South & Central  /  No Comments

The Brazilian National Energy Policy Council (CNPE) has officially slashed the 2020 targets for the country’s RenovaBio programme in response to the COVID-19 pandemic, with the government’s decision spurring an increase in carbon credit trade under the biofuels market.

The Brazilian National Energy Policy Council (CNPE) has officially slashed the 2020 targets for the country’s RenovaBio programme in response to the COVID-19 pandemic, with the government’s decision spurring an increase in carbon credit trade under the biofuels market.

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