GENERATION OF CBIOS SURPASSES TARGET SET FOR 2021, ÚNICA SAYS

According to the Sugarcane Industry Association (Unica), the generation of CBios (Decarbonization Credits) could reach more than 30 million bonds – together with the existing stock, this amount surpasses the target set by the federal government for 2021, of about 25 million credits. Over 30 million tons of CO2 were avoided this year (90% of the ethanol sold). The outcome reinforces the sugar-energy sector’s commitment for sustainable mobility, and reduction of greenhouse gas (GHG) emissions. According to Unica, the harvest that ends in March 2022 will close with 525 million tons of processed sugarcane, a reduction of 13.3% when compared to the 605 million tons in the 20/21 cycle. Anhydrous ethanol production is expected to increase by 13.7% at the end of the cycle, reaching by 11 billion liters. The volume produced of hydrous ethanol, in turn, is likely to reach 16.7 billion liters, a drop of 19.3% when compared to the previous cycle.

Source: Universo Agro/DATAGRO (*Translated by Ia Niani)