Brazil faces biofuel shortages, price hikes to 2035: CNI study

Brazil's National Industry Confederation (CNI) warns of a supply-demand mismatch for biofuels, projecting demand of 46 billion liters of ethanol and 18 billion liters of biodiesel by 2035 against current production capacity. The study highlights risks of shortages and price increases if production does not scale with environmental goals. This signals potential upward pressure on domestic fuel prices and challenges for Brazil's energy transition targets.

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