Moody’s says RenovaBio will boost ethanol demand and support Brazilian industry
In Brazil, rising ethanol consumption and the implementation in 2020 of RenovaBio, a federal program to curb carbon emissions by 10% in 2028, in line with the UN Paris Agreement on climate change, will benefit Brazil´s sugarcane industry, says Moody´s Investors Service in a new report. Under RenovaBio, tradeable carbon credits known as CBIOs, will […]









