Date: Thursday, 27 June 2024
Time: 09:00 - 10:00 CEST
Session code 2DO.2
Biofuel and biomethane policies
Improving Renovabio for Energy Transition In Brazil: Cbios Perspective
Short Introductive summary
In recent years, market-based mechanisms have been hailed as an effective economic way to tackle climate change. In Brazil, Biofuel Decarbonisation Credits (CBIOS) were created in 2017 to reduce emissions in line with Brazil’s commitments in the Paris Agreement, mitigate the economic crisis that has affected the biofuels industry over the past decade, and incentivize efficiency in biofuels’ production system. The aim of this study is, therefore, to assess its effectiveness, considering Brazil’s emissions profile and abatement opportunities, while verifying its alignment with climate policy fundamentals. Our preliminary results show that while covering the road transport sector ensures CBIOS is tackling a key challenge of Brazil’s energy system decarbonization, a more comprehensive carbon pricing mechanism could provide the opportunity for more cost-effective mitigation.
Presenter
Karen MASCARENHAS
FUSP - RCGI - Research Centre for Greenhouse Gas Innovation, Human Resources & Institutional Communication
Presenter's biography
Director Human Resources & Institutional Communication at Research Centre for Greenhouse Gas Innovation, researcher in Public Perception, Leadership, Social Licence to Operate, SDGs areas. Prof Adm Post-grad at FGV, PhD and MSc Social Psychology with a period of 1 year at Imperial College.
Biographies and Short introductive summaries are supplied directly by presenters and are published here unedited
Co-authors:
D. Perecin, Institute of Energy and Environment of the University of São Paulo (IEE-USP) and Research Centre f, São Paulo, BRAZIL
K. Mascarenhas, Institute of Energy and Environment of the University of São Paulo (IEE-USP) and Research Centre f, São Paulo, BRAZIL
S. Coelho, Institute of Energy and Environment of the University of São Paulo (IEE-USP) and Research Centre f, São Paulo, BRAZIL
E. Santos, Institute of Energy and Environment of the University of São Paulo (IEE-USP) and Research Centre f, São Paulo, BRAZIL
Session reference: 2DO.2.4