RenovaBio’s draft governance model could be released this month

In Brazil, Reuters reports that a draft of RenovaBio’s proposed governance model could be published as soon as this month, although previously the country’s oil and gas secretary indicated the decarbonization targets wouldn’t be ready until June. The domestic sugarcane and biofuel industries have put their faith completely in RenovaBio as a way to not only save the agricultural industry from its current dire straights but to also promote investment and innovation moving forward through increase biofuel blending.