RenovaBio to be regulated by ANP

In Brazil, President Michel Temer signed a decree to regulate the National Biofuel Policy (RenovaBio), according to an announcement made by Brazil’s Ministry of Mines and Energy. Evaluation and accreditation of producing firms will be handled by the National Petroleum Agency (ANP). The National Energy Policy Council (CNPE) is set to be responsible for defining the compulsory annual greenhouse gas emission reduction targets in regards to the country’s fuel sales.

According to Renewables Now, “the targets stipulated by CNPE will be individualized for each fuel distributor, proportionate to their participation in the market. The measure also establishes the RenovaBio Committee to work as a technical support body for CNPE. This committee will be responsible for conducting studies and public consultations, as well as monitoring the supply and production chain of Brazil’s biofuels.”