Corresponding to 2% of Brazil's Energy Generation, Coal Power Plants Will No Longer Be Funded by BNDES; Renewable Energy Sources Are Expected to Gain Priority

Corresponding to 2% of Brazil’s Energy Generation, Coal Power Plants Will No Longer Be Funded by BNDES; Renewable Energy Sources Are Expected to Gain Priority

Written by Fabio Lucas Carvalho

Published on 31/08/2021 at 23:28

Rio de Janeiro – Edifício sede do BNDES, Banco Nacional de Desenvolvimento Econômico e Social, no Centro do Rio. (Fernando Frazão/Agência Brasil)

Seja o primeiro a reagir!

Thinking About Generating An Ever-Lesser Impact On The Environment, BNDES Will Stop Financing Coal Plants

Energy sources that depend on coal will no longer have an important partner for project development in the country. The National Bank for Economic and Social Development, BNDES, stated that it will stop financing energy sources that have a significant negative impact on the environment.

The announcement from BNDES comes amid the worst drought in 90 years. While hydropower plants are operating at reduced energy production capacity, coal thermal plants are being used to meet energy needs and prevent blackouts.

coal, energy, bndes — Photo of Mineral Coal. Photo: BNDES

Currently, Brazil has a total of 22 thermal plants, but they represent only 2% of all energy generated in Brazil.

ARTICLE CONTINUES BELOW

Corresponding to 2% of Brazil’s Energy Generation, Coal Power Plants Will No Longer Be Funded by BNDES; Renewable Energy Sources Are Expected to Gain Priority

Thinking About Generating An Ever-Lesser Impact On The Environment, BNDES Will Stop Financing Coal Plants

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.

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.

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.

How a 131-ton, 11-meter propeller supports 90% of global trade and transforms the largest container ships on the planet.

Japan tests for the first time a hydrogen-powered engine for large cargo ships and achieves over 95% of the fuel’s energy at full load, paving the way to equip a 17,500-ton cargo ship already planned for 2027.

Marketplace giant opens 900 positions with direct hiring in Greater Florianópolis: a job fair in São José will run until Tuesday, speeding up local selection and trying to strengthen Mercado Livre’s operations for May dates.

New RG can be delivered by the Post Office in some states, such as São Paulo and Minas Gerais; see how to request it.

Paper houses that withstand earthquakes, last more than a decade, and cost less than a high-end smartphone: the brilliant invention of a Japanese architect that is changing post-disaster reconstruction around the world.

Why fighter pilots never return after ejecting: the seat launches the body at 600 km/h in 1 second, compresses the spine, reduces G tolerance, and leads to medical disqualification, not punishment.

Homemade mixture of sugar and lemon promises to rejuvenate the skin of the feet, but dermatologists issue a serious warning about the wrong time to use it.

Corresponding to 2% of Brazil’s Energy Generation, Coal Power Plants Will No Longer Be Funded by BNDES; Renewable Energy Sources Are Expected to Gain Priority

Thinking About Generating An Ever-Lesser Impact On The Environment, BNDES Will Stop Financing Coal Plants

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.

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.

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.

How a 131-ton, 11-meter propeller supports 90% of global trade and transforms the largest container ships on the planet.

Japan tests for the first time a hydrogen-powered engine for large cargo ships and achieves over 95% of the fuel’s energy at full load, paving the way to equip a 17,500-ton cargo ship already planned for 2027.

Renewable energy advances globally with Asia taking the lead; Irena’s analysis indicates a strategic progress that drives the energy transition and reduces generation costs.

Globo broadcaster achieves 100% renewable energy and advances climate goal, strengthening environmental commitment, reducing emissions, and influencing large companies to adopt more sustainable and competitive strategies.

New mapping reveals the Brazilian states with the greatest potential for the production and use of green hydrogen in Brazil to lead the global market.

Historical drought and lack of snow in the Norwegian Alps threaten the largest clean energy reserve in Europe and could drive up electricity prices.

The Brazilian state accelerates industrial competitiveness with a focus on the extraction of strategic minerals to boost the energy transition in Goiás.

Marketplace giant opens 900 positions with direct hiring in Greater Florianópolis: a job fair in São José will run until Tuesday, speeding up local selection and trying to strengthen Mercado Livre’s operations for May dates.

New RG can be delivered by the Post Office in some states, such as São Paulo and Minas Gerais; see how to request it.

Paper houses that withstand earthquakes, last more than a decade, and cost less than a high-end smartphone: the brilliant invention of a Japanese architect that is changing post-disaster reconstruction around the world.

Why fighter pilots never return after ejecting: the seat launches the body at 600 km/h in 1 second, compresses the spine, reduces G tolerance, and leads to medical disqualification, not punishment.

Homemade mixture of sugar and lemon promises to rejuvenate the skin of the feet, but dermatologists issue a serious warning about the wrong time to use it.