Brazil Favoring Biofuels over EVs to Cut Emissions – Advanced BioFuels USA
(Argus Media) Brazil is favoring biofuels over electric vehicles (EVs) as the government maps out its long-term decarbonization strategy for the transport sector. While other countries are pursuing aggressive EV strategies, Brazil’s government has expressed its commitment to a biofuels-based darcarbonization plan, bringing it in line with the position of the biofuels industry. “Increased electrification is inevitable. It is already underway around the world and it will accelerate over time,” the oil, gas and biofuels secretary at the energy ministry Jose Mauro Coelho said in a ‘F...