Indonesia to boost biodiesel subsidies but not as much as first thought

February 5, 2015 |

In Indonesia, a parliamentary panel has decided the subsidy for biodiesel should be 32 cents per liter, compared to nearly 40 cents previously proposed. The ethanol subsidy will remain at the 23.5 cents per liter proposed. The panel said the proposed subsidy for biodiesel was too high considering market conditions, and that the budget committee is likely to take up its recommendations so the pricing structure is likely final.

Category: Policy

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