In 2024, Brazil's tax expenditure on coal for electricity generation is forecasted at $47.78 million, rising steadily to $50.63 million by 2028. This represents an approximate compound annual growth rate (CAGR) of 1.46% over the five-year period. Year-on-year, the tax expenditure grows by around 1.51% from 2024 to 2025, and continues this trend, indicating a gradual increase in financial allocation.
Looking ahead, important trends to watch for include:
- The potential impact of shifts in energy policy towards renewable sources, which could alter tax incentives and expenditures.
- Fluctuations in global coal prices affecting government expenditure.
- Increasing regulatory pressure to reduce carbon emissions, potentially influencing future forecasts.