Brazil's President Lula Enacts Offshore Wind Development Law - PRESS AI WORLD
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Brazil's President Lula Enacts Offshore Wind Development Law

share-iconPublished: Saturday, January 11 share-iconUpdated: Saturday, January 11 comment-icon10 months ago
News sources:
REUTERS
Brazil's President Lula Enacts Offshore Wind Development Law

Credited from: REUTERS

  • Brazilian President Luiz Inacio Lula da Silva has officially signed a law facilitating the establishment of offshore wind farms.
  • The legislation aims to enhance the country's energy security and stimulate substantial investment.
  • Incentives are included for developing energy projects within Brazilian territorial waters.
  • The government outlined that the law mandates consultations with local communities to honor traditional maritime practices.
  • President Lula vetoed parts of the law that supported polluting energy sources, ensuring a focus on cleaner options.

For the full article, visit Reuters.


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