Brazil Approves Regulated Carbon Market
Brazil Approves Regulated Carbon Market

On December 12, 2024, Brazil approved a law to regulate the countryโ€™s carbon market. This new system, outlined in Law No. 15,042, sets rules for companies to trade carbon credits, encouraging businesses to cut back on greenhouse gas emissions.

The goal is to reduce Brazilโ€™s overall carbon footprint and meet its climate targets.

Agriculture Exempt from New Rules

Agriculture and livestock, two of Brazilโ€™s major industries, were left out of the new carbon rules.

Lawmakers who support agribusiness argued that farmers should not face emission limits until there is a clear way to measure how much carbon they emit and capture.

Why Agriculture Was Excluded

Cattle farm captured by a drone
Calculating emissions from agriculture is complex|YouTube Screenshot/Through The Eye Of Jasper

The exclusion follows a global pattern. Other countries with carbon markets often avoid including farming because it plays a crucial role in food production, and calculating emissions from agriculture is complicated.

However, critics say this leaves a major source of emissions unchecked.

How the Carbon Market Will Work

The carbon market will require big companies that exceed emission limits to buy credits from companies that emit less. This system creates financial incentives to reduce emissions. By putting a price on pollution, the government hopes to push businesses toward cleaner practices and greener technology.

What Comes Next

Experts say Brazil needs to develop better tools to measure emissions from farming if it wants agriculture to be part of the solution in the future. For now, the focus will be on how well the carbon market works for the sectors it does cover.

The new carbon market law is progress, but its impact will depend on how quickly it can expand to include all major sources of emissions.

Read Next – Will Brazil Sacrifice the Amazon Rainforest for Agriculture?

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Miloลก Nikolovski
Miloลก Nikolovski
I am Milos Nikolovski, a journalist with an insatiable curiosity for global affairs, cultural intersections, and the stories that define our time. My work spans continents, covering the pulse of international relations, the evolving dynamics between the United States and Brazil, the complexities of politics, and the deeper narratives found in travel, food, and everyday life. Every story I tell comes from direct experience, firsthand conversations, and an unfiltered approach to truth. I do not chase sensationalism or empty headlines. My focus remains on substanceโ€”on the issues that shape nations, the policies that drive decisions, and the cultural shifts that reveal where societies are headed. Whether dissecting diplomatic strategies, unraveling the economic forces linking Brazil and the United States, or walking through the markets of Sรฃo Paulo to uncover the hidden layers of a cityโ€™s identity, I believe in journalism that informs and challenges perspectives. Travel plays a crucial role in my work, not as an escape but as a means to engage with the world. The places I visit are not vacation spots; they are living, breathing spaces filled with voices, struggles, and triumphs. Whether exploring the political landscapes of Latin America, tracing historical legacies in Europe, or uncovering the latest food revolution in an unexpected corner of the world, my mission remains the sameโ€”to document, to report, and to bring forward stories that matter. Beyond borders and breaking news, my work is guided by core values: honesty, independence, and accessibility. Journalism must be fearless, unfiltered, and unbound by external pressures. I write for those who seek more than surface-level narratives, for those who value depth over distraction, and for those who refuse to settle for anything less than the full picture.
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