Blockchain eyed for palm oil
The Energy Ministry has ordered the Energy Business Department to discuss with Thai oil traders the prospect of using blockchain to facilitate palm oil trade. A blockchain system would cut out the middleman between palm planters and palm oil mills, in theory allowing planters to sell the commodity at higher prices.
India suspends 39 import licenses for refined palm oil
India has suspended 39 licences to import 452,303 tonnes of refined palm oil after a surge in duty-free purchases from neighbours such as Nepal and Bangladesh which are not key producers, government and trade sources told Reuters. The suspension could reduce India’s palm oil imports in the next few months and pressure Malaysian palm oil futures […]
Expanding Costs for The Biodiesel Program
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.
Hit by oil crash, Indonesia set to delay B40 biodiesel, stay with B30 for now
JAKARTA: Indonesia is likely to delay plans to raise bio-content in palm oil-based biodiesel to 40%, and keep going with an already ambitious 30% content, a senior official said, amid speculation that low crude prices could force a government re-think. The biodiesel programme is a key part of the government’s strategy to soak up excess supplies […]
NEA launches fund to help subsidise cost of installing food waste treatment systems
SINGAPORE: The National Environment Agency (NEA) launched a S$1.76 million food waste fund on Thursday (May 7) as part of its efforts to tackle climate change. The fund aims to help organisations subsidise the cost of installing food waste treatments solutions. Capped at S$100,000 per applicant, it will cover the capital cost of waste treatment systems, accompanying equipment like […]
Boosting nano-electricity from living microalgae
As the world seeks to devise technological solutions for sustainable energy production and ways to combat the threat of climate change, an important topic emerging within this area is bioenergy. Bioenergy is renewable energy produced by living organisms, and photosystems found in plants, cyanobacteria, algae, and other living organisms are promising sources for bioenergy harvesting […]
Indonesia to discuss how to continue biodiesel program amid falling fuel prices
JAKARTA: Indonesia’s ministry of economic affairs is set to discuss how the country will continue its ambitious biodiesel programme, a ministry official told Reuters on Wednesday. The economic affairs ministry will meeting on Wednesday to decide the government’s next moves to ensure the continuity of a mandate which requires biodiesel to have 30 per cent bio-content (B30) made […]
Embassy of Finland supports Waste-to-Energy Plant Bac Ninh Province stuy
Embassy of Finland published an official statement regarding the latest project to support Thang Long Energy Joint Stock Company with EUR 110 000 to study the Environmental and Social Impacts of large-scale Waste-to-Energy Plant in Bac Ninh Province, Vietnam. The Fund for Local Cooperation (FLC) Application and Funding was approved after detailed consultations and several rounds […]
