After Fuel Price Hikes, Federal Government Seeks To Reduce Diesel And Ethanol Prices

Written by Ruth Rodrigues

Published on 21/07/2022 at 07:45

Foto: Pixabay

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President Bolsonaro Has Been Constantly Seeking, In Recent Months, To Reduce The Prices Of Diesel And Ethanol, This Is Due To Pressure From The Federal Government Caused By So Many Consecutive Increases In Fuels, That Until Then, Were Considered The Cheapest.

On Tuesday, (07/19), the Federal Government Announced That It Seeks To Reduce The Prices Of Common Diesel And Ethanol, The Presidency Showed Concern, Since The Prices Charged For Gasoline Have Been Falling More Than Other Fuels, For Example. The Rise In Fuel Prices Outrages The Population, Which Puts Pressure On The Government And The Main Distributors.

Compulsory Purchase Of CBios Will Impact Fuel Prices

Thus, The Extension Until The End Of 2023 Of The Deadline For Fossil Fuel Distributors To Prove The Mandatory Purchase Goals Of The So-Called CBios – Decarbonization Credits – Will Have An Effect Of R$ 0.10 On The Average Price Of Diesel, According To Calculations By The Ministry Of Mines And Energy. In The Case Of Ethanol, The Expectation Is That There Will Be A Decrease Of R$ 0.20.

The Drop Occurs With The Entry Into Force Of The Constitutional Amendment Proposal (PEC), Which Increased And Created New Aid, And Also Subsidized The Price Of This Fuel. The PEC Was Promulgated Last Week And Authorized The Federal Government To Compensate Brazilian States That Grant ICMS Credits To Ethanol Producers And Distributors, At A Cost Of About R$ 3.8 Billion By The End Of The Year. The Estimated Potential Drop For The Liter Of Ethanol Is From R$ 4.87 To 4.56 – Dropping To R$ 4.32 With The Promulgation Of The PEC.

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Population Pressures The Federal Government To Lower The Price Of Diesel And Ethanol

In This Scenario, The Pressure Suffered By The Federal Government Due To The Rise In Prices Has Been Constant. Therefore, In Office For Two Months, Minister Adolfo Sachsida Has Been Pressured By President Jair Bolsonaro And Leaders Of The Centrão To Pressure Petrobras To Lower Fuel Prices And Ensure That Tax Exemption Measures Reach Consumers. To End The Pressure, The Minister Has Become A Kind Of Spokesperson And Has Made Videos At Gas Stations Showing Price Reductions.

Moreover, The Increase In CBios Prices In Recent Weeks Is One Of The Reasons For The Lack Of Price Reductions In Fuels. It Is Worth Understanding That CBios Represent A Credit Related To Carbon Emissions And Anti-Pollution Practices Of Companies. It Is Issued By Producing And Importing Companies Of Biofuels, Such As Ethanol. Each Ton Of CO2 That Is No Longer Emitted Produces A Carbon Credit.

In Recent Weeks, These Decarbonization Credits Reached About R$ 200, Compared To An Average Price Of R$ 40 In 2021. With The Extension Of The Purchase Deadline, Companies Will Have Until The End Of 2023 To Comply With The Quotas. Thus, The Ministry Requested The Administrative Council For Economic Defense (Cade) To Investigate Possible Violation Of Economic Order Practiced In The Negotiations Of The Asset, To Leave No Doubts.

After Fuel Price Hikes, Federal Government Seeks To Reduce Diesel And Ethanol Prices

President Bolsonaro Has Been Constantly Seeking, In Recent Months, To Reduce The Prices Of Diesel And Ethanol, This Is Due To Pressure From The Federal Government Caused By So Many Consecutive Increases In Fuels, That Until Then, Were Considered The Cheapest.

Compulsory Purchase Of CBios Will Impact Fuel Prices

Population Pressures The Federal Government To Lower The Price Of Diesel And Ethanol

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After Fuel Price Hikes, Federal Government Seeks To Reduce Diesel And Ethanol Prices

President Bolsonaro Has Been Constantly Seeking, In Recent Months, To Reduce The Prices Of Diesel And Ethanol, This Is Due To Pressure From The Federal Government Caused By So Many Consecutive Increases In Fuels, That Until Then, Were Considered The Cheapest.

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Population Pressures The Federal Government To Lower The Price Of Diesel And Ethanol

Family without running water in the interior of Ceará takes out a loan to drill an artesian well and discovers possible oil, but cannot use it, cannot sell it, and is left with a debt of R$ 15,000.

On the Greek island of Ithaca, archaeologists have found what may be a sanctuary dedicated to the legendary Odysseus, with inscriptions bearing his name and votive offerings that span from the Mycenaean to the Hellenistic era.

Is a smart plug worth it in a regular home? What does it offer: turns on and off via smartphone, creates routines by schedule, prevents forgotten devices, sometimes monitors consumption, and improves habits without renovation or miracles.

Spain surprises the world by erecting 62 artificial dunes, mixing sand with natural remains of posidonia, and causing the structure to lose only 1.4% of its volume in 1 year.

Geographers redefine the Brazilian relief and confirm the presence of mountains in 14 states with a new system that changes historical criteria and alters the way the territory is classified.

There is a city in China right next to Hong Kong where people speak Portuguese, the streets have names in Portuguese, and the architecture looks like it came straight out of a historic city in Brazil.

An analysis by NASA highlighted that the Great Wall of China and the Pyramids of Egypt are not visible to the naked eye from the International Space Station, and only one man-made structure is visible in this way.

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With a lot of talent and creativity, a couple builds a house completely from scratch, using ceramic tiles, a cement base to level the ground, wood for the flooring, ceiling, and entire structure, transforming the construction with slats that fit together and impressing with an impeccable result.

The Ministry of Defense installs a giant photovoltaic plant and ensures a stable supply of clean energy in Maturacá, in the Amazon.

Many said it was impossible, but a man built a house by himself, leveled the ground with soil, used cement blocks with foam to raise the structure, and framed it with wood.