Biodiesel blends in Brazil could soon rise above the 5 percent mix to 7 or even as much as 10 percent. This story from Bloomberg says the South American country wants to move more of its biodiesel glut.
“We’ve already sent to the Presidency a proposal to increase the mixture of biodiesel with diesel,” Energy Minister Edison Lobao told reporters today in Brasilia. “There’s still been no decision taken.”
The world’s second-biggest biodiesel industry is operating at 50 percent of capacity, Jeronimo Goergen, president of a parliamentary lobby group for the renewable fuel, said today in a telephone interview.
Goergen said the blend rate may rise to 7 percent and then expand again to 10 percent in 2020. Lobao didn’t give a figure for the proposed increase.
Five years ago, Brazil instituted a 2 percent mandate, moving to 5 percent in 2010, three years ahead of schedule when capacity grew rapidly.