KUALA LUMPUR, April 26 (Bernama) — The notoriety of developed economies against palm oil the most produced, consumed and traded edible oil – all in favour of protecting the soybean trade (the second most-produced edible oil) is well known.
The European Union (EU) Parliament has voted for palm oil-based biofuels to be banned entirely by 2021 In contrast, other crop-based biofuels will be capped at 7% and enjoy a gradual reduction to 3.8% by 2030.
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