Brazil Struggles With An Energy Tax Dilemma ...Middle East

OILPRICE - Economy
Brazil Struggles With An Energy Tax Dilemma
The energy ministry in Brazil wants newly proposed tax incentives for energy infrastructure to include oil projects and refineries in a renewed debate over whether the energy transition or Brazil’s massive oil and gas industry should take priority.   The administration of Brazilian President Luiz Inacio Lula da Silva is looking to accelerate the energy transition, but it is also betting on continued development of the oil and gas industry, to pay for more incentives for green initiatives. Now the Brazilian Mines and Energy Ministry…

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