On 2 August 2024, Bill No. 2308/2023, which establishes the legal framework for low-carbon hydrogen in Brazil, was approved with a partial veto. Numbered as Law 14948/2024, it has created the National Low-Carbon Hydrogen Policy, which will form part of the country’s National Energy Policy. The Law has also established the competence of the National Agency for Oil, Natural Gas and Biofuels to authorize, regulate and inspect activities in the low-carbon hydrogen value chain, and has created the Brazilian Hydrogen Certification System and the Special Incentive Regime for Low-Carbon Hydrogen Production, a tax regime designed to foster technological and industrial development, competitiveness and added value in national production chains.
On 3 August 2021, Congressman Celso Sabino (PSDB-PA) submitted an amendment to Bill of Law # 2,337/2021, putting forward a 1.5% increase in the Financial Compensation for the Exploration of Mineral Resources rate on iron, cooper, bauxite, gold, manganese, kaolin and nickel operations.