At the end of 2016, the Ministry of Mines and Energy launched the program called RenovaBio, aiming to stimulate the production of biofuels in the country and which presents proposals for structural changes widely discussed with sector agents. Fundação Getúlio Vargas (FGV), which has the Energy Department, contacted more than 50 agents of the sector (government representatives, business associations, companies, consultancy, academia and others), of which the majority considers that the assumed targets are feasible and that the RenovaBio programme will contribute to the resumption of investments.
It can be stated that the commitments derived from the 21st climate Conference (COP 21) held in December 2015 in Paris, and aimed to structure new agreement between countries to reduce the emission of greenhouse gases, decreasing global warming and as a result Limit the increase in global temperature by 2 º C to 2100.
From COP 21 They create conditions for the recognition of the importance of biofuels in the energy matrix, mainly because it deals with technologies dominated and capable of delivering short-term results, as well as environmental benefits of the greater adoption of Biofuels, where it is emphasized the importance that this sector may have for the resumption of economic growth, generating jobs within the country and contributing to reduce the deficit of the trade balance, with the substitution of the import of fuels.
Considering the opportunities created by the commitments made in the Paris agreement and the new regulation proposed by RenovaBio and its implications in the production of biofuels in Brazil, a publication by FGV, called FGV Energia, launched in September 2017, presents Proposal of the RenovaBio in detail, addressing the concepts that support it, operating mechanism and the role of the agents involved. And it is dedicated to deep studies dedicated to ethanol and biodiesel, respectively, containing, in addition to an initial description of the characteristics and specifications of biofuel, analyses related to the items regulation, market, productivity and perspectives of the sector.
Also in FGV Energia magazine points out the new biofuels: aviation biokerosene, biogas/biomethane, and oil-treated vegetable oils (HVO) and also draws an overview of the current situation of the sector, pointing out the main barriers to its growth and the prospects of resuming of investments.
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