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Thailand has to import more palm oil to support biodiesel production

Thailand has been moving heavily to promote the use of biodiesel produce from palm oil. Unfortunately, they are already running short of the palm oil, so now the government is examining whether to allow imports of the oil. The Thai government Oil Fund may also introduce new incentives to get growers to plant more trees. While biofuels may be environmentally beneficial for replacing fossil fuels, far more fuel will be needed to make any significant impact on petroleum use. To get those quantities of fuel, a lot progress will need to be made on ... Read more →

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