Indonesia won’t reduce biodiesel blending mandate

May 24, 2022 |

In Switzerland, Reuters reports Indonesia’s economic affairs minister said during an interview at Davos that the country has no intention to reduce its 30% biodiesel blending mandate. He said fossil fuel energy costs are now higher than palm oil-based energy, so if biodiesel consumption was reduced, the government would end up having to subsidize fossil fuels, which it doesn’t want to do. Indonesia banned palm oil and some palm product exports in April to ensure sufficient domestic supplies for biodiesel as a matter of national energy security.

Category: Policy

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