Policy

'Party without a cake' | Brazilian president approves green hydrogen law, but vetoes section on $3.4bn of tax credits

The chapter on billions of dollars’ worth of subsidies has now been sent back to Congress for rewrite due to ‘legal uncertainty’

President Lula (in yellow vest) with colleagues at the ceremony on Friday at the Port of Pecém complex in northeast Brazil where he sanctioned the green hydrogen bill.
President Lula (in yellow vest) with colleagues at the ceremony on Friday at the Port of Pecém complex in northeast Brazil where he sanctioned the green hydrogen bill.Photo: Brazilian government
Editor, Hydrogen Insight
Published 5 August 2024, 11:26Updated 5 August 2024, 11:26
SubsidiesBrazilSouth AmericaGreen H2Legal