INTERVIEW: Small ‘obligated parties’ in Brazil’s compliance market disproportionately burdened, gear up to fight

Brazil’s biofuels-based RenovaBio compliance carbon market is once again at the centre of controversy with the introduction of stricter penalties for fuel distributors that violate its ‘CBio’ credit purchase targets – which already placed smaller fuel distributors at a competitive disadvantage, according to a Brazilian RenovaBio researcher, sparking litigation.