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Home Petrobras says that biofuels will be important factors for the decarbonization of transport

Petrobras says that biofuels will be important factors for the decarbonization of transport

3 March 2021 to 15: 54
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Petrobras, biofuels, decarbonization
Petrobras

Roberto Castello Branco, CEO of Petrobras until the 20th, says that biofuels, mainly in aviation and ships, will be important to “decarbonize”

Roberto Castello Branco, current CEO of Petrobras, said this Tuesday (02/03) that biofuels, especially used for the aviation industry, will become an important factor in the “decarbonization” of the transport industry in the future. The example of aviation is very clear, as the biofuels used are derived from plant biomass or waste. Compared to traditional jet fuels, they produce less carbon dioxide emissions.

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The executive says that “For the future, we are evolving towards aviation biofuel, which will be very important for the decarbonization of transport, so we are focusing on ships and planes”.

Currently, Petrobras is one of the largest exporters of low-sulfur marine fuel in the region. Competitors such as Venezuela's PDVSA and Mexico's Pemex have not made much headway in producing the low-sulfur fuels needed for export markets in recent years.

Biofuels: alternative to gasoline and diesel price increases

Biofuels, a source in which all material used for energy generation is from organic biomass, can become an alternative to reduce the prices of gasoline and diesel, which consecutively have been suffering readjustments. In this sense, taking simple measures in the field of ethanol, biodiesel, biogas and others can positively affect the value of fossil fuels.

With the change in taxes and fiscal incentives, it is possible to reduce the cost of ethanol, biodiesel and other biofuels. In this way, the price of these fuels will also fall on the final consumer, which can greatly reduce the consumption of fossil fuels and switch to biofuels. Brazil can reduce or eliminate its imports of diesel and gasoline, reducing the price of these fuels.

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