RIO DE JANEIRO, BRAZIL - The chief executive of Brazil’s state-run oil company Petrobras, Roberto Castello Branco, whose term in office will not be renewed by President Bolsonaro, said biofuels, especially those for the aviation industry, will be key for “de-carbonizing” transportation in coming years, a goal for energy transition.
Brazil, a major corn and sugarcane producer and a country with a more diversified energy matrix than its neighbors, is also a large consumer of domestic ethanol, with pure gasoline supplies a rarity.
“For the future, we are evolving to bio jet fuel, which will be very important . . .