Brazil Aims for Biofuel Expansion with US$21 Billion Investment by 2035
A new comprehensive analysis projects a surge in Brazilian biofuel production, estimating that approximately US$21 billion of investment will be required by 2035 to support the expansion. This is reported by the official website of Brazil's Ministry of Mines and Energy.
The report also highlights the considerable opportunity for bioelectricity generation in Brazil, leveraging its plentiful agricultural residues to produce clean power. Additionally, the analysis points to the promising potential for biomethane production, derived from agricultural and other waste streams, which could contribute to the nation’s gas supply and further reduce reliance on fossil fuels.