Low Carbon Brazil News

A quick look at the Low Carbon Economy in Brazil and the world.

Renewable energy projects with private contracts assess issuing debentures
Fonte: UOL Economia
Investors in wind and solar parks in Brazil who have sold all the production of the projects in private contracts, in the so-called free market of electricity, have increasingly assessed the possibility of issuing debentures to finance ventures. Transactions like these would break paradigms in the Brazilian renewable energy market, which has grown for years on the basis of long-term contracts resulting from auctions promoted by the government to make new plants viable and loans from development institutions such as the National Bank for Economic and Social Development (BNDES) and Banco do Nordeste (BNB).

Wind and solar power plants will soon be cheaper than coal in all major world markets, analysis shows
Fonte: The Guardian
Construction of new wind and solar power plants will soon be cheaper in all major markets around the world than the exploration of existing coal plants, according to a new report. While some countries are moving faster than others, analysis of the Carbon Tracker Initiative, a climate finance thinktank, found that renewable energy was a cheaper option than building new coal plants in all major markets, including Australia, and was expected to cost less than electricity from existing coal plants by 2030.

Melting ice in Greenland has raised global sea level by 2.2 mm in two months
Fonte: The Guardian
Melting ice in Greenland has raised global sea level by 2.2 mm in two months. Analysis of satellite data revealed rapid ice loss in just a few months of abnormally high temperatures at the North Pole. Last year was the warmest year on record for the Arctic. Glaciers are melting around the world due to global warming caused by the human-induced climate crisis. The loss of land glaciers is causing the seas to rise, threatening coastal cities around the world.

Brazilian cities may suffer extreme consequences of climate change, study warns
Fonte: Época Negócios
A recent report released by Ramboll, a Danish multinational specialized in environmental consulting, shows that floods are only one of the consequences of climate change, and that many Brazilian cities are not prepared for this reality. In February 2020 alone, storms caused a loss of R$ 203 million to the retail sector in the Southeast, according to the National Confederation of Goods, Services and Tourism (Confederação Nacional do Comércio de Bens, Serviços e Turismo - CNC).

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