CBio marketing breaks record after review of 2020 targets

The sale of decarbonisation credits (CBios) for fuel distributors in Brazil has seen a significant increase after the government published revised targets for 2020, the Sugarcane Industry Union (Unica) said. According to a statement, the amount of CBios on the stock market rose by 1.11 million in the first half of September, whilst negotiations for distributors reached a record 321,600 credits in the period.

Source: Money Times