EU Lawmakers Informally Agree to Defer Palm Oil Biodiesel Phase OutThursday, June 28, 2018
EU lawmakers have reached an informal agreement to phase out palm oil-based biodiesel by 2030, putting an end to almost 18 months of debate. The phaseout decision was a part of a more expansive agreement to update the EU’s Renewable Energy Directive (RED), which included a binding 32% target of renewables in the EU energy mix.
In a related development, the Malaysian Palm Oil Council (MPOC) expressed elation over the deferment of the proposed total ban on palm biofuel to 2030 from the earlier date of 2021. Chief Executive Officer Datuk Dr. Kalyana Sundram said on June 14, 2018, the EU trilogue between the EU Parliament, European Council and European Commission reached an agreement that completely removed from the EU’s final Renewable Energy Directive (RED) text the proposed 2021 palm oil biofuel ban.