Philippine Congress to look at proposal to boost biodiesel blending to 5%

In the Philippines, Business World reports that Congressional Oversight Committee on Biofuels plans to look at the proposal brought forward by agriculture department to raise coconut-based biodiesel blending to 5% from the current 2% in an effort to support farmers who are suffering from low prices. There is concern among some, including a committee member who chairs the Senate committee on energy, that doing so would raise the price of biodiesel by as much as 7.5%.

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