In Indonesia, despite the government more than doubling the CPO biodiesel blending subsidy, low oil prices may keep the country from keeping its blending B10 mandate of 1.7 billion liters. About 1.5 million metric tons of CPO would be needed to reach the mandate, up from 800,000 tons in 2014, but some analysts fear that […]
In New Zealand, the national government said it may scrap a $36 million biofuels subsidy program because, with only $700,000 paid out in tax credits, it is concerned that biofuels are uneconomic, according to Hekia Parata, the New Zealand energy minister. However, Gull New Zealand manager, Dave Bodger, said that there was public interest in […]
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 […]
