The fossil fuel production support in Brazil is projected to increase from 29.22 in 2024 to 31.97 by 2028. This represents a steady year-on-year increase, with values rising incrementally each year. From 2023 to 2024, the support saw a notable uptick, and the compound annual growth rate (CAGR) from 2024 to 2028 showcases a consistent upward trend.
Future trends to watch for:
- Emerging policies on sustainable energy could affect fossil fuel support dynamics.
- Global market shifts and economic conditions may influence further changes in fossil fuel strategies.
