Is this the end of old cars? Federal Government foresees new measures

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Responding to the request of the vice-president of the republic Geraldo Alckmin (PSB), Fernando Haddad (PT), minister of Fazenda, communicated, last Monday, 3rd, that there are plans to launch a renewal of the car fleet in the Brazil. The renewal would take place through financing from oil companies.

It is part of the Federal Government's plans to remove old cars from circulation, something evidenced during the Bolsonaro government. In 2022, a Provisional Measure was created for owners of old vehicles to voluntarily withdraw. For Haddad, this would be an exchange that directly benefits the environment environment.

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Federal Government will use existing resources from oil companies

This was the possibility launched by haddad after meeting with Alckmin. So far, the project continues without further details of how the change would happen, as drivers, owners of old cars, would need to be compensated to dispose of the car.

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“I came to discuss with the vice president the possibility of establishing a program that uses a fund from the oil companies and dedicates this fund to the ecological transition through the renovation of fleet of very old cars that need to be withdrawn from circulation through compensation so that the fleet can be renewed for the benefit of the environment,” said the minister of Farm.

Fernando Haddad stated that it will not be necessary to seek new resources to finance the project, as the base fund for the oil companies already exists. For the government, if the measure is implemented, it will not be difficult to deal with the compensation of drivers and the renewal of the fleet.

“Programa Renovar”, by the Bolsonaro government

In 2022, Jair Messias Bolsonaro (PL) dealt with the regularization of the rules of the Increase in Highway Fleet Productivity (Renovar Program) similar to what Geraldo Alckmin proposes in this time. It will also be voluntary for vehicle owners to remove cars over 30 years of manufacture from circulation.

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