Companies, taxpayers and federal entities should closely monitor this debate, since the decisions taken during the preparation of these supplementary bills will have a direct impact on their operations and tax obligations. The definition of tax rates, revenue distribution criteria among federal entities and tax administrative processes will directly influence production costs, sales prices and the competitiveness of companies in the market.
The agenda on regulating the carbon market gained momentum in the last legislature and, since last year, has become one of the Executive's priorities, in addition to having the support of the president of the Chamber of Deputies, Arthur Lira (PP-AL).
In October last year, lawmakers discussed the proposal, approving uk mobile database Bill 412/2022 in the Senate and the Chamber of Deputies. Now, the issue is expected to return to senators for consideration in the form of Bill 182/2024 . The bill sets limits on issuances and outlines rules for the marketing of offset bonds.
Why follow?
Carbon market regulation projects play an important role in the debate on climate change and in promoting sustainable practices in Brazil. They establish a legal framework to control greenhouse gas emissions, encouraging companies to reduce their carbon footprints and adopt offsetting measures.
Carbon market regulation not only has the potential to boost environmental sustainability, but can also influence the competitiveness of Brazilian companies in the global market, as demand for products and services with a low carbon footprint continues to grow.
Parliamentarians debating in the plenary of the Federal Senate
Parliamentarians in the Federal Senate
Green Hydrogen
Bill 2308/2023 , which establishes the legal framework for green hydrogen, has as its main objective to establish a regulatory framework for the production of low-carbon energy in Brazil.