A bill proposed by La Libertad Avanza to increase the mandatory ethanol blend in gasoline is receiving significant backing from a diverse coalition of stakeholders in Argentina. Producers, industry representatives, workers, scientists, and academics have voiced their support for the initiative. The proposed legislation seeks to raise the current mandatory blend from 12% to 15%. Supporters believe the increased biofuel content will benefit the agricultural sector and promote sustainable energy practices. The move aims to stimulate domestic production of bioethanol and reduce reliance on imported fossil fuels. The bill’s proponents emphasize the current moment as crucial for its passage and implementation, citing potential economic and environmental advantages. This widespread support signals a strong possibility for the bill’s advancement within the Argentine legislature.
