Thursday, November 28, 2024.
One other nice assembly on the Mattos Filho legislation agency, in São Paulo, Brazil, on November twenty sixth, to debate the brand new set of Brazilian guidelines regarding the so-called “Fuels of the Future”.
Along with displays by the primary companions of the practices concerned, corporations working on the forefront of the subject in Brazil additionally offered their instances. Well-known slogan from the 90s that we prefer to quote right here at Carbon Credit score Markets: “it’s people who do it”.
On the opening, Giovani Loss, companion within the Infrastructure and Power apply, stunned everybody by projecting a reside reference to deputy Arnaldo Jardim, immediately from Brasília. The deputy, graduated in civil engineering from the Polytechnic College of the College of São Paulo, stays a key chief in political negotiations involving these points with so many technological and innovation nuances, having been one of many major interlocutors within the approval of the laws.
On the finish of his on-line presentation, he highlighted the position of the non-public sector and shared the portal Future Energy Monitorwith very attention-grabbing details about applied sciences, tasks, corporations and comparisons between nations.
Then, after a quick introduction by Environmental apply companion Antonio Augusto Reis, it was the flip of Felipe Feres, companion in Infrastructure and Power, to present a really full presentation entitled “Future Fuel Law. Law No. 14,993/2024”.
Remembering that the legislation is programmatic, that’s, it calls for subsequent regulation, it initially confirmed 7 of the primary inexperienced gas tasks being deliberate or carried out in Brazil, totaling investments of round USD 5 billion.
Subsequent, he mentioned the applications and adjustments launched by the legislation:
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“ProBioQAV” Sustainable Aviation Gas (SAF)
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Diesel Verde “PNDV”
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Modifications regarding Biodiesel and Ethanol
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Modifications associated to artificial fuels and seize of geological CO2 storage
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Sustainable Mobility
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Decarbonization of Pure Fuel Producers and Importers and Biomethane Incentives
Of specific notice is the change within the proportion of ethanol combined into gasoline, which works from the 18-27.5% vary to the 22-35% vary.
Relating to seize and geological storage of CO2, the grants can have a time period of 30 years, extendable for an equal interval. However, the usual doesn’t cowl the fuel injection course of for enhanced oil restorationan more and more widespread apply within the oil sector.
Anyway, very wealthy content material.
Felipe Feres kindly shared the 11 slides with us, that are under for obtain.
About instances offered, we are going to publish particular articles in the end, and briefly addressed the next initiatives:
Concluding the occasion, along with issues from different Mattos Filho members equivalent to Bruno Chedid on the power sector and Tábata Boccanera on the brand new carbon credit score legislation, we spotlight the suggestions of Thiago Moreira, companion within the Infrastructure and Power apply and liable for contracts complexes, prototype applied sciences:
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Legal professionals and engineers should work collectively
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Perceive the entire and the chance matrix
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Hand over cautious between design and implementation
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Do not go away it to barter with insurers on the finish
