Law No. 14,993/2024 establishes Brazil’s federal legal basis for the capture, transport and permanent geological storage of CO2 outside contracted oil-and-gas enhanced-recovery operations. It assigns ANP responsibility for regulating and authorising the CCS industry, provides for authorisations of 30 years renewable for a further 30 years, and requires storage plans, monitoring, validated data, storage and leakage inventories, contingency action and regulatory audits. The law does not establish the Brazilian Emissions Trading System; the SBCE was created separately by Law No. 15,042/2024.
Brazil 'Fuels of the Future' Act (Law No. 14,993/2024)
Regulatory Active
Verified
National Governance Context
Brazil Overview
Aggregate National Maturity Index (Peak Strength)
Governed Policies
4
Identified Projects
5
Operational Cap 14.2 Mtpa
Under Construction Cap 0.0 Mtpa
Planned Cap 0.4 Mtpa
Related Policy Network
Directly Linked Assets
ExxonMobil Petrobras CCUS hub MoU (ES) (phase 2/extension of Santos basin EOR?)
Storage — 0 Mtpa
5,000 TA CO2 (Salvador de Bahia)
Capture — 0.005 Mtpa
FS Lucas do Rio Verde ethanol biorefinery complex
Full chain — 0.423 Mtpa
Petrobras Santos Basin pre-salt oilfield CCS (ES)
Full chain — 14.2 Mtpa
Stryde CO2 storage assessment Brazil
Storage — 0 Mtpa