Video December 19, 2018

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what is next for palm oil?

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ariananews: The boom of palm oil in the EU biofuels mixture since 2012 took centre stage in the debate about the revised Renewable Energy Directive (RED2).
Ariana News Agency- The EU biofuel industry has expressed concerns about this rising trend. It claims that palm oil crowds out of the market the biofuels produced from EU sourced feedstocks with no or very little level of indirect land-use change (iLUC). It also emphasises the role of palm oil in causing deforestation on high value carbon soils, in particular in Asia.
To improve the sustainability of the EU biofuels sector and match the commitment made at global level to protect high carbon value lands (UN Sustainable Development Goals), EU co-legislators asked the European Commission to create a distinction between first-generation biofuels via a delegated act.
Analysts argue that such a distinction will have a decisive capacity to improve the overall sustainability of the biofuels sector, applying for the first time a differentiation between those biofuels that generate a high iLUC risk from those that have no or low iLUC risks. This is expected to have a tangible impact.

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