In Brazil, Agro Link reports the Brazilian Senate passed bill No. 528/2020, designed to expand the production and use of biodiesel and other biofuels like ethanol, green diesel, and biomethane. The bill, which now returns to the Chamber of Deputies for a final vote, is expected to attract investments between R$200 billion and R$250 billion. Its goal is not only to reduce carbon emissions but also to stimulate agribusiness growth and create jobs in rural regions across Brazil.
Deputy Alceu Moreira, president of the Mixed Biodiesel Parliamentary Front, praised the bill for providing legal certainty to the sector, highlighting its potential to boost employment, increase rural incomes, and help keep people in the countryside. Even before its final approval, companies such as Scania, Volvo, and Vale have already embraced 100% biodiesel-powered vehicles and equipment, signaling growing market confidence.
Beyond environmental benefits, the project is expected to increase the production of soybean meal, reducing animal feed costs and, by extension, the price of animal protein. With biodiesel content in diesel fuels set to rise from 14% to 20% by 2030, the bill promises widespread economic and environmental gains.
