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Paulo Alvim, Minister of Science, Technology, and Innovation, said that the government will issue a “major call” for entrepreneurs and academics working in the field of fuels and green hydrogen in the next days, with a R$ 100 million investment.

“We should be making a major appeal for businesses through economic support, as well as for researchers in the field of fuels, green hydrogen, in the next days. We’re talking about investments of more than R$ 100 million in this sector for research and new initiatives “, Alvim said during a Congressional hearing on the global carbon market.

Alvim remarked, alongside Environment Minister Joaquim Leite, that hydrogen will enable a better regional distribution of sustainable energy in Brazil.

According to him, Jair Bolsonaro, the President of the Republic, has charged the portfolio with the matter. “In addition to having already mapped all of our scientific investigations, the president requests that we do so. This weekend was hydrogen day, and he has been requesting hydrogen since Saturday. The government is concerned this week, and you will soon learn why “The minister stated.

Regarding Brazil’s controlled carbon market, Alvim further stated that a scientific study would be done ahead of time to ensure methodological adequacy for measuring credits in Brazil, which will be validated by the worldwide scientific community. He said, “It’s a problem for our science.”

“Only with science will we guarantee methodology and minimum criteria for this market to take place and for the world to recognize the Brazilian carbon credit as a special credit with high environmental integrity,” said the Environment Minister, adding that “improving science for the Brazilian reality” will be required. “It’s not a scientific question.”

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Arnes Biogradlija is the founder and Editor in Chief of EnergyNews.biz, which he launched in 2021 to separate energy transition realities from fairy tales. He writes data driven analysis on hydrogen, energy storage, small modular reactors, grids and industrial policy, and leads the Energy Talks interview series. EnergyNews.biz reporting has been cited more than 100 times by the International Energy Agency.

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