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Supreme Court Rules on Soy Moratorium | Lubbock News

Supreme Court Rules on Soy Moratorium | Lubbock News

Published 16 hours ago
Description

Brazil’s Supreme Court just gave a mixed verdict on the soy moratorium — upholding its constitutionality but also allowing states to strip tax breaks from companies that signed on. The landmark 2006 pact, which banned soy purchases from newly deforested Amazon land, helped slash deforestation for a decade, but major traders pulled out in January after states revoked incentives. While environmentalists fear this ruling undermines voluntary conservation efforts, industry groups see it as legal clarity — and possibly the end of the old agreement. The court’s decision may close one chapter, but opens a critical new conversation: how to protect the Amazon without crippling Brazil’s vital farming sector.

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