The Chamber of Deputies in Brazil has approved a bill for low-carbon hydrogen, known as green hydrogen, which includes significant tax incentives. The approved text, which also involves hydroelectric plants and agribusiness, addresses the fuel's pollution potential and aims to promote the production of green hydrogen within the country. The proposal, led by Deputy Arnaldo Jardim, now awaits the approval of President Luiz Inácio Lula da Silva. The bill, initially passed at the end of 2023 without incentives, was amended by the Senate to include up to R$ 18 billion ($3 billion) in tax benefits. Rehidro, a Special Incentive Regime, offers tax credits under the Social Contribution on Net Profit, with provisions for significant benefits over the years, potentially reaching $915 million by 2032. The Senate's modifications, including an increase in pollution potential to enable hydrogen production through biofuels, were upheld by the deputies in a recent vote. The overall sentiment towards the bill is positive, as it highlights the commitment to green energy initiatives and the integration of different sectors like agriculture and energy production.