Final Price Of Diesel And Gasoline May Be Reduced Due To Delay In Environmental Goal, According To Fuel Experts

Written by Roberta Souza

Published on 25/07/2022 at 10:49

Foto: reprodução pixabay.com

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With the Delay, Diesel and Gasoline Prices May Decrease by R$ 0.07, According to Sources from Fuel Distributors

The chance of delaying the implementation of environmental targets by fuel distributors, following a recommendation made by the federal government, could lead to a reduction in the final price of diesel and gasoline, according to CNN.

According to sources from fuel distributors, without the immediate need to pay for carbon credits at this time, diesel and gasoline companies have lower operating costs and should pass this on to consumers. Therefore, in about two weeks, Brazilian consumers may feel a decrease of about R$ 0.07 in gasoline and diesel prices.

Delay Imposed So Fuel Distributors Can Meet Decarbonization Targets

The RenovaBio Committee, made up of members from various ministries and the ANP (National Agency of Petroleum), advised extending the deadline to achieve the target of Decarbonization Credits (CBIOs) by fuel distributors, including gasoline and diesel. The limit, which is currently annual, would be pushed to the end of 2023, about 24 months later.

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CBIO Distributors May Question the Recommendation Made by CNPE

If the delay in environmental targets, resulting in lower diesel and gasoline prices, excites fuel distribution companies, it may create discomfort for CBIO issuers. According to Evandro Gussi, president of Unica (Brazilian Sugarcane Industry Association), the main entity that gathers the certifiers, CBIO companies should express their opposition to the extension at CNPE.

For him, the measure needs to go through a public consultation. “We do not see legal support, legal backing. For us, it is clear that the fulfillment of these targets must be done annually. And we are talking about environmental targets. Postponing this does not seem appropriate to me,” he declared.

The increase in the price of CBIOs prompted the Ministry of Mines and Energy to request an investigation from Cade (Administrative Council for Economic Defense) regarding a “possible infringement of economic order in the negotiations of the asset.”

The president of Unica states that there are no irregularities and that the price follows the market pace, with fluctuations according to the free negotiation of CBIOs.

Final Price Of Diesel And Gasoline May Be Reduced Due To Delay In Environmental Goal, According To Fuel Experts

With the Delay, Diesel and Gasoline Prices May Decrease by R$ 0.07, According to Sources from Fuel Distributors

Delay Imposed So Fuel Distributors Can Meet Decarbonization Targets

CBIO Distributors May Question the Recommendation Made by CNPE

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Final Price Of Diesel And Gasoline May Be Reduced Due To Delay In Environmental Goal, According To Fuel Experts

With the Delay, Diesel and Gasoline Prices May Decrease by R$ 0.07, According to Sources from Fuel Distributors

Delay Imposed So Fuel Distributors Can Meet Decarbonization Targets

CBIO Distributors May Question the Recommendation Made by CNPE

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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.

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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