Petrobras and Shell Fund $18.6M Carbon Stock Study Across Brazil
CARBON CAPTURE
Petrobras and Shell are jointly funding the Carbon Countdown initiative with over $18.6 million to assess carbon storage in Brazil's soils and forests. The project, led by the University of São Paulo's Center for Carbon Studies, aims to create a comprehensive database of carbon stocks across all Brazilian states through 6,500 sampling sites, while addressing concerns about the involvement of fossil fuel companies in climate research.

Jan 15, 2026, 6:25 AM