In Brazil, BNDES (National Bank for Economic and Social Development) notified FS Biofuels, one of the main producers of corn ethanol in the country, after being informed by Reporter Brasil that a partner and supplier of the company was authorized by Ibama due to irregular planting in 5,300 hectares in the Batelão Indigenous Land, in Tabaporã, […]
In Brazil, a new analysis by Schneider Electric and consulting firm Systemiq foresees the creation of up to 760,000 new jobs in the bioenergy sector by 2030, placing Brazil as a global leader in renewable fuels. The report, entitled “Forming Brazil’s workforce for a fossil-free economy,” highlights the need to train and requalify 450,000 new […]
In Brazil, CNN Brasil reports Petrobras president Magda Chambriard said on Monday that Petrobras evaluates new investments in renewable fuels and movements, as a way to invest more and more in fuels less harmful to the environment. “We are thinking strongly about the return to ethanol, we will be increasing the production of biodiesel… we […]
In Brazil, Brazilian Development Bank (BNDES) has approved a direct investment of R$ 85.8 million in Bioo Investimentos e Participações SA, through its wholly-owned subsidiary, BNDES Participações SA (BNDESPAR). The share subscription is part of the Bank’s renewed activity in the equity market, focusing on the green economy and innovation. The investment will result in […]
In Brazil, Reuters reports -the mining company Vale said last week that it has made progress in initiatives aimed at reducing emissions from its off-road trucks, with tests of these vehicles running on higher blends of biodiesel in diesel, as well as other vehicles powered by batteries. Among the ongoing evaluations, the company began field […]
In Argentina, Sin Mordaza reports biodiesel industry again demanded an urgent reform of Law 27,640 and warned that the current scheme is hitting the Santa Fe Industrial Corridor hard, the area that concentrates the greatest productive capacity in the country. The president of the Argentine Chamber of Biofuels, Luis Zubizarreta, was categorical in stating that […]
In Brazil, Bank of Brazil and the Japanese Bank for International Cooperation (JBIC) have signed a Memorandum of Understanding (MoU) with the aim of developing a line of credit aimed at climate change mitigation projects, focusing on the biofuels and energy transmission sectors. The initiative seeks to boost investments that contribute to reducing greenhouse gas […]
In Brazil, government representatives and industry leaders recently announced the launch of the Biofuture Platform Declaration on Sustainable Chemicals and Materials, a landmark international statement to accelerate the transition from fossil carbon to sustainable carbon feedstocks in the global chemical industry. The Declaration was developed under the auspices of the Clean Energy Ministerial (CEM) Biofuture […]
In Brazil, Abra Group, which brings together the airlines GOL, Avianca and Wamos Air, with Sumitomo Corporation of Brazil, a subsidiary of Sumitomo Corporation, a leading integrated and active trade company in various sectors through a global network, signed a Memorandum of Understanding (MoU) to accelerate the identification of industrial solutions aimed at the decarbonization […]
In Brazil, Greenpeace has condemned Toyota’s misleading promotion of biofuel-powered prototype vehicles as a decarbonization solution, as it ignores mounting scientific consensus that biofuels are a false climate solution that endangers both people and the planet. Greenpeace joined with Climate Action Network (CAN) — representing over 1,900 civil society organizations worldwide — to reject the […]
