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Brazil to Cap Carbon Emissions for Large Polluting Companies

Brazil to Cap Carbon Emissions for Large Polluting Companies
bloomberg.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloomberg.com Daily Mail and Mail on Sunday newspapers.

Brazil to Cap Carbon Emissions for Large Polluting Companies

(Bloomberg) Brazil will create a cap on carbon dioxide emissions for large polluting companies as part of a broader green transition initiative meant to help the country reach CO2 neutrality by 2050, according to one of the plan’s architects.Most Read from BloombergGoldman CEO’s Most Loyal Deputy Is Tested by Mutinous PartnersFed Saw ‘Significant’ Inflation Risk That May Merit More HikesChina Shadow Bank Misses Dozens of Payments as Risks GrowStocks, Bonds Fall as Rate Hikes Left on the Table

Energy transition: Brazil to launch most ambitious green transition package

Investors welcome the bold environmentalist program proposed by left-wing president Luiz InĂ¡cio Lula da Silva.

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