President of Brazil, Luiz Inacio Lula da Silva, has signed into law a legal framework for low-carbon hydrogen in an effort to promote investment and bolster Brazil's presence in the international market. The framework was detailed in an extra edition of the Official Gazette released recently. The legislation, set to be enforced from January 1, is designed to incentivize the production of low-carbon hydrogen and its derivatives within the country. While this move aims to enhance Brazil's competitiveness in the global marketplace, it also highlights the government's commitment to fostering environmentally-friendly practices. The President's decision to veto certain tax credits, despite the approval of the Finance Ministry and the chief of staff, underscores a strategic shift in how incentives are distributed within the sector. This development signifies a significant step towards a more sustainable and eco-conscious energy landscape in Brazil.