Expanding Costs for the Biodiesel Program - Economy - magz.tempo.co

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Expanding Costs for the Biodiesel Program

Tuesday, May 12, 2020

The decrease of crude oil prices is endangering the biodiesel program. The price difference of biofuels and diesel fuel has driven up the amount of funds needed to pay incentives to biodiesel producers.

Filling B30 fuel in a vehicle at the launch of B30 program at the energy and mineral resources ministry, Jakarta, June 2019./ Tempo/Tony Hartawan. tempo : 173057589127.

BEFORE decisions regarding organizational regulations and work procedures of the Indonesian Sustainable Palm Oil (ISPO) Steering Committee could even be made, the coordinating ministry for the economy was facing a new task closely related to the matter of palm oil. The drop in the world price of crude oil has made the government’s current program to mix biofuel and diesel fuel (biodiesel) uneconomical. “The strategy which needs t

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Tempo English Tuesday, May 12, 2020
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Tempo English Tuesday, May 12, 2020
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