MP Aliel Machado says the project is expected to be approved before COP-28, which will be held in late November/early December
The rapporteur of the bill (PL) of carbon market TO House of Representativesdeputy Aliel Machado (PV), specified that the exclusion of art agri-food of the regulated market must be discussed in the Chamber. A exclusion at the beginning of October from the Senate has sparked controversy because it is one of the sectors that emits the most polluting gases.
“I’ll talk to them. I’m already talking,” he said Estadaowhen asked about the proposal being discussed in the Chamber, given the criticism from environmentalist representatives.
The primary agri-food activities have been excluded from the regulated market, being officially included in the voluntary carbon market. Therefore, activities such as sugar cane plantation or livestock farming are not required to join the mechanism and submit to the laws that will come into force with the creation of the regulation.
The decision was made by the speaker of the bill in the Senate, Leila Barros (PDT-DF), to ensure the agri-food sector’s support for the text. The agricultural argument is that it is difficult to quantify greenhouse gas emissions in the sector.
Machado, appointed speaker by the president of the Chamber, Arthur Liraon Thursday 26th, he also specified that the meeting will also extend to the deputy Sergio de Souza (MDB), one of the representatives of Parliamentary Front for Agriculture (FPA) who said the rural group wanted agriculture excluded from the project for approval.
Machado said during the event Brazil for the Environment (BPMA) organized by Amcham Brasil this Friday 27 in Sao Paulo, that the project is expected to be approved before COP-28, which will be held between the end of November and the beginning of December.
He does not rule out the possibility of repeated disagreements in the House on some parts of the bill in the Senate. “If the text is not perfect for everyone, it is a good text, because it is the way we will be able to move forward. It is a balance that must be achieved. We cannot have a market (of carbon) focused only on the issue of fundraising. At the same time, the creation of this market, which can create incentives for businesses, cannot be discouraged. This is what will help keep our forests standing,” she said.
The MP stated that the main objective of the text is to ensure predictability and legal certainty for the country on this issue. “There are three main pillars: predictability, legal certainty and ensuring that there is no duplicity, in order to have credibility in the external market on this topic and thereby reduce everything in the text that leaves open what could happen depending on the government” , he has declared.
According to Machado’s assessment, the PL text must be a “point of convergence” in the midst of a “diversified” Congress that has representatives from different sectors. “My challenge is not to approve the text that I think is the best, but a possible text that meets future expectations,” she said.
carbon market PL
The bill, considered one of the federal government’s priorities, creates the Brazilian greenhouse gas emissions trading system (SBCE), which will aim to regulate and monitor the market.
Companies that emit more than 10,000 tonnes of carbon dioxide (CO2) per year will be subject to SBCE rules. Companies that emit more than 25 thousand tons of CO2 will have to follow stricter rules.
The national objectives will be established by a National Allocation Plan drawn up by the SBCE, which will have to monitor compliance with the objectives. If this is not done, sanctions are foreseen, such as a fine of up to 5% of the company’s gross turnover.
Source: Terra
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