No menu items!

Brazil confirms reduced 10% share for biodiesel in 2022; industry opposes decision

RIO DE JANEIRO, BRAZIL - Brazil, like Argentina, has decreed a reduction in the share of biofuels in fossil fuels. The announcement was supposed to be for a short time, but this week the National Council for Energy Policy confirmed that the decision will be upheld until 2022.

This measure implies that the minimum share will be 10%, against 13% before. At the time, the Bolsonaro government argued that the price of the raw material was too high. However, the biodiesel industry associations say that there is no justification.


Through a statement, the Brazilian Association of Vegetable Oil Industries (ABIOVE . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?

Check out our other content