Brazil announces measures to support biomethane growth
Brazil’s government has announced measures to encourage the production and use of biomethane.
During a launch ceremony held on 21 March in Brasilia, Minister of Mines and Energy, Bento Albuquerque, signed a decree including investments in biomethane under Brazil’s Special Regime of Incentives for Infrastructure Development, and exempting new projects from Program of Social Integration (PIS) and Contribution for the Financing of Social Security (COFINS) taxes for the acquisition of machinery, construction materials, and equipment.
Environment Minister Joaquim Leite signed a decree creating the National Program for the Reduction of Methane Emissions, also known as Metano Zero, designed to support the generation and use of biomethane derived from urban and rural waste.
The total investment expected is more than BRL 7 billion (€1.28 billion), generating at least 6,500 jobs in the construction and operation of the biomethane units. The goal is to build 25 new facilities across six states.
President Jair Bolsonaro attended the ceremony and drove a biomethane-powered tractor to Planalto Palace, Agência Brasil reported.
During a launch ceremony held on 21 March in Brasilia, Minister of Mines and Energy, Bento Albuquerque, signed a decree including investments in biomethane under Brazil’s Special Regime of Incentives for Infrastructure Development, and exempting new projects from Program of Social Integration (PIS) and Contribution for the Financing of Social Security (COFINS) taxes for the acquisition of machinery, construction materials, and equipment.
Environment Minister Joaquim Leite signed a decree creating the National Program for the Reduction of Methane Emissions, also known as Metano Zero, designed to support the generation and use of biomethane derived from urban and rural waste.
The total investment expected is more than BRL 7 billion (€1.28 billion), generating at least 6,500 jobs in the construction and operation of the biomethane units. The goal is to build 25 new facilities across six states.
President Jair Bolsonaro attended the ceremony and drove a biomethane-powered tractor to Planalto Palace, Agência Brasil reported.
