In Brazil, President Lula signed into law on Monday Law No. 15,082, which establishes the National Biofuels Policy (RenovaBio). The current text amends Law No. 13,576, of December 26, 2017, and now includes certified plants and raw material suppliers in the distribution of so-called Decarbonization Credits (CBIOs), in addition to improving the regulatory framework for the sector.
The Minister of Mines and Energy, Alexandre Silveira, highlighted the relevance of the new legislation for RenovaBio. “The RenovaBio Program is an important cause that President Lula has championed since the beginning of his term. This initiative makes his commitment to reducing greenhouse gas emissions very clear. Now, we also value the role of biomass producers in the Program and to make punishments more rigorous for those who fail to comply with their obligations,” he said.
The Law also amends legislation no. 9,478, of August 6, 1997, which provides for proof of stock for the withdrawal of biodiesel, and improves the regulation of the sector with measures such as increased fines for agents who fail to meet the established targets.
In addition, failure to meet decarbonization targets will now be classified as an environmental crime, and the sale of fuels will be prohibited for distributors who fail to meet their individual targets. The legislation also revokes the authorization of the National Petroleum Agency (ANP) in cases of repeated failure to meet the targets.
Tags: Brazil, CBios, RenovaBio
Category: Fuels
