Brazil Raises Biofuel Levels, Sees Gasoline Self-Sufficiency
Brazil's National Energy Policy Council (CNPE) on Wednesday approved increasing the level of biofuels mixed into fossil fuels, a move towards gasoline self-sufficiency that was also celebrated by renewable energy lobbies after the government earlier hinted the blends would not be changed this year.
From August 1, the proportion of ethanol to be mixed in gasoline will rise to 30% from 27%, and the amount of biodiesel in diesel increases to 15% from 14%, Pietro Mendes, oil and gas secretary at the energy ministry...
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