Malaysia mulling end to petroleum subsidies as boost for biofuels

In Malaysia, the government is considering scrapping a long-held subsidy on petroleum-based diesel in an attempt to boost demand for biodiesel, demand for which has slowly come grinding to a halt. The subsidy is currently 58 cents per liter. Come June, gas stations will be required to offer biodiesel alongside mineral diesel, a plan that was set to come into effect in 2007 but has been continuously delayed. The government says it fully intends for companies to begin offering biodiesel on time in June.

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