Government sets targets for reducing greenhouse gas emissions from fuels.
The resolution sets the value of the overall target for the period between 2023 and 2032, in addition to the tolerance ranges.
247 with Agência Brasil - Jair Bolsonaro approved a resolution from the National Energy Policy Council (CNPE) that defines mandatory annual targets for reducing greenhouse gas emissions from fuel sales over the next ten years, within the scope of the National Biofuels Policy (Renovabio). The measure was published this Tuesday (27) in the Official Gazette of the Union.
The resolution sets the value of the global target for the period between 2023 and 2032, in addition to the tolerance intervals. In 2023, distributors will have to acquire 37,47 million decarbonization credits (CBIOs).
For the period 2024/2031, there were no changes to the targets that had already been established by the CNPE in October 2021, but there was an addition of values for the year 2032, now set at 99,22 million CBIOs.
Emissions reduction
Decarbonization credits are part of the RenovaBio program, which mandates that liquid fuel distributors have a compulsory target for reducing greenhouse gas emissions.
The credit is issued by producers and importers of biofuels, duly certified by the National Agency of Petroleum, Natural Gas and Biofuels (ANP).
The volume to be purchased by distributors is based on purchase and sale invoices for fuels. The annual decarbonization target for these companies that sell fossil fuels is calculated by the ANP (National Agency of Petroleum, Natural Gas and Biofuels).
Acquiring CBIOs is the only way to meet the targets. According to the Ministry of Mines and Energy, one CBIO is equivalent to 1 ton of avoided emissions, which represents seven trees in terms of carbon capture.
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