Senate wants to 1% of the oil revenue in research

According to the website of the Senate Economic Affairs Committee will analyze the proposal is intended for 1% of the oil revenue to research and development into alternative energy sources for electric companies and the oil industry.

The Bill n° 659/15 is authored by Senator Cristovam Buarque (PPS-DF) and was approved at the end of 2016 by Commission of science and technology, after negotiations with the Government. The goal is that these resources are applied until 31 December 2039. At the moment, the project is under review in the report.

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