Markets and trade
 

Detail

Area
Brazil
Commodity Group
Biofuels
Commodity
Biodiesel
Date
01/11/2017
Policy Category
Renewable energy
Policy Instrument
Biofuel policy
Description
Considered raising the country\'s mandatory biodiesel blending rate from 8 to 10 percent.
Notes
According to industry officials, Brazil’s National Energy Policy Council (CNPE) recommended raising the country’s mandatory biodiesel blending rate to 10 percent in March 2018 – two points above the current 8 percent rate. The Government’s original plan only envisaged a one-point increase (to 9 percent) in March 2018, followed by a rate of 10 percent in 2019 (see MPPU Apr.’16 & Oct.’17). CNPE’s proposal, which would raise next year’s domestic biodiesel production by approximately 1 million tonnes, is now being reviewed by the Government.