By Leticia Fucuchima SAO PAULO (Reuters) - Brazil's government expects Congress to approve a series of energy transition-related bills in the next 100 ...
STORY CONTINUES BELOW THESE SALTWIRE VIDEOSSAO PAULO - Brazil's government expects Congress to approve a series of energy transition-related bills in the next 100 days that it believes will boost the country's decarbonization credentials at the upcoming COP28 climate summit, an official told Reuters on Friday.
President Luiz Inacio Lula da Silva, who took office in January, has staked his international reputation on reversing environmental backsliding under his far-right predecessor Jair Bolsonaro, when Amazon deforestation soared. "They are all separate bills, but when put together there is a convergence towards sustainability that gives them economic support they otherwise would not have," Rollemberg said.
One of the most advanced proposals, he added, is the one that would create a regulated carbon market in the country. That bill might be submitted to Congress as early as next week, the secretary said.
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