Indonesian Biofuels Subsidy Row
The Indonesian government, confronted with a collapse in demand for biofuels and resistance from the state energy company Pertamina to continue to sell biofuels at a loss, is attempting to push a proposal through the House of Representatives to allocate US$71 million to subsidize locally produced biodiesel and bioethanol.
However, the proposal is being d…
Keep reading with a 7-day free trial
Subscribe to Asia Sentinel to keep reading this post and get 7 days of free access to the full post archives.