Green Hydrogen in Brazil:
A Sustainable Revolution for the Energy Industry
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The Potential of Green Hydrogen
Brazil, with its electricity matrix based on renewable sources such as hydroelectric, wind and solar power, is well placed to lead the way in the production of green hydrogen. This fuel, obtained from clean sources, is carbon neutral and could revolutionize our economy.
The Road to Decarbonization
Green hydrogen is produced from renewable sources such as solar and wind energy. Its production does not emit greenhouse gases, helping to reduce carbon emissions. It can be used in vehicles, trains, planes and even in the steel and fertilizer industries.
Tax Incentives and Investments
The bill approved by the Chamber of Deputies grants tax incentives to companies producing green hydrogen, totaling R$18.3 billion between 2028 and 2032. In addition, companies will be able to deduct taxes such as PIS and Cofins for setting up production units, adding up to a further R$5.5 billion per year².
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Export and Global Leadership
Projections indicate that, by 2050, Brazil could become one of the largest exporters of low-carbon hydrogen, with an annual production of 540 million tons. This global leadership will boost our economy and strengthen our position in the transition to more sustainable energy⁹.
Read also: Sustainable Urban Mobility in Malaysia – Eyes on Malaysia
Towards a Green Future
Green hydrogen is more than an energy alternative; it is a promise of a cleaner and more sustainable future. With investment, innovation and commitment, Brazil can become a protagonist in this revolution, benefiting not only our industry, but also the planet we share. Let’s embrace this opportunity and build a world driven by the power of green! 🌿🌎🚀
Sources:
(1) Senate approves tax incentives for green hydrogen producers …. https://bing.com/search?q=incentivos+fiscais+hidrog%c3%aanio+verde+Brasil.
(2) Green hydrogen: the revolutionary project to transform Brazil into …. https://revistaforum.com.br/ciencia-e-tecnologia/2024/7/19/hidrognio-verde-projeto-revolucionario-para-transformar-brasil-em-lider-mundial-no-combustivel-162396.html.
(3) Senate concludes approval of framework that includes green hydrogen … – G1. https://g1.globo.com/politica/noticia/2024/07/03/senado-conclui-aprovacao-de-marco-que-inclui-hidrogenio-verde-na-matriz-energetica-brasileira.ghtml.
(4) Senate approves tax incentives for green hydrogen producers …. https://jovempan.com.br/noticias/sustentabilidade/senado-aprova-incentivos-fiscais-para-produtores-de-hidrogenio-verde.html.
(5) House approves new green hydrogen bill to guarantee R$18.3 billion …. https://www.opovo.com.br/noticias/economia/2024/08/12/camara-aprova-novo-projeto-do-hidrogenio-verde-para-garantir-rs-183-bi-em-incentivos-fiscais.html.
(6) House approves new green hydrogen bill to guarantee R$ 18.3 billion …. https://economia.uol.com.br/noticias/estadao-conteudo/2024/08/12/camara-aprova-novo-projeto-do-hidrogenio-verde-para-garantir-r-183-bi-em-incentivos-fiscais.htm.
(7) Green hydrogen: what it is, applications and the Brazilian scenario. https://www.cnnbrasil.com.br/economia/macroeconomia/entenda-como-o-hidrogenio-verde-pode-ser-usado-como-fonte-de-energia-renovavel/.
(8) H2 Brasil – Expansion of Green Hydrogen – Ministry of Mines and Energy. https://bing.com/search?q=hidrog%c3%aanio+verde+Brasil.
(9) Brazil has great potential for producing green hydrogen, say …. https://www12.senado.leg.br/noticias/materias/2023/05/17/brasil-tem-grande-potencial-de-producao-de-hidrogenio-verde-dizem-especialistas.
(10) Green Hydrogen | WWF Brasil. https://www.wwf.org.br/nossosconteudos/educacaoambiental/conceitos/hidrogenio_verde_/.