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EU's Renewable Energy Directive and its impact on Palm Oil

24.04.2018
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On 17 January 2018, European Parliament voted on the revision of the Renewable Energy Directive (RED). The vote by the European Parliament does not mean that the EU has adopted a final decision. It is one step in a complex legislative procedure.

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On 17 January 2018, European Parliament voted on the revision of the Renewable Energy Directive (RED).

The European Parliament seeks that the contribution from biofuels and bioliquids produced from palm oil shall be zero from 2021 for the purpose of calculating Member State's gross final consumption of energy from renewable energy sources.

 

"The vote of the European Parliament is a step in a complex legislative procedure. It aims at progressively replacing food-based biofuels by more advanced ones for the purpose of accounting progress towards our domestic renewable energy targets.

Palm oil has been singled out by the European Parliament as having a major impact on greenhouse emissions. Work will continue towards achieving an agreement with no discrimination among biofuels, as proposed by the European Commission and supported by the Council of Ministers.

The vote of the European Parliament is not the EU final position. The EU market remains open to palm oil as shown by the increase of our bilateral trade in more than 30% in 2017."

Vincent Guérend

EU Ambassador to Indonesia

 

For more info, access the factsheet:

(updated 24 April 2018)

 

ENGLISH VERSION | VERSI BAHASA INDONESIA

 

 

 

Category
Factsheets
Location

Jakarta

Editorial sections
Indonesia