TV "Brix": The Brazilian House of Representatives approves a program to accelerate the energy transition

The Brazilian House of Representatives approved a draft law to create a program to accelerate the energy transition, which aims to encourage sustainable development initiatives by providing loans to companies from the federal government.
He stated BRICS TV said on Friday that the draft law would allow companies that have projects approved under the program to negotiate the possibility of obtaining discounts and installments of loans that are difficult to repay… indicating that the program targets proposals to develop infrastructure, expand or Establishing complexes for sustainable energy production.
He added that the program’s priorities are technology and production projects for renewable fuels such as ethanol, aviation biokerosene, biodiesel, biomethane, and low-carbon hydrogen, in addition to initiatives related to energy production from solid waste.
The program also gives priority to expanding the production and transmission of energy from renewable sources, which include solar energy, wind energy, biomass, biogas and hydropower, including in rural areas. One of the main changes introduced by the representatives is the inclusion of a clause aimed at Motivate transformation From coal to other energy sources by promoting economic sectors that can replace coal activities and reduce greenhouse gas emissions.- For more: Follow Khaleejion 24 Arabic, Khaleejion 24 English, Khaleejion 24 Live, and for social media follow us on Facebook and