Palm Oil’s Loss May Mean U.S. Soybean Gain Via EU
Palm Oil’s Loss May Mean U.S. Soybean Gain Via EU Biofuels Rule. When the commission proposes its rule, it could specify certain crops—such as palm oil—but allow exemptions where appropriate, or it could “focus on the areas that have a high risk of land-use change,” Klepper said. which also exports palm oil to the EU and where
Want a unique way to spend your holiday in Malaysia? How about traipsing around some controversial palm oil plantations? Yes, you can go snorkeling in the crystal clear waters of Langkawi and taste some of the best street food in Penang, but the Primary Industries Ministry wants tourists to head to its palm oil estates and factories to have a look at how the tropical oil is grown and processed.
Palm Oil’s Loss May Be U.S. Soybean Gain in EU
by Stephen Gardner (Bloomberg) European Union must propose rule on biofuel crops that cause deforestation or other land-use change by Feb. 1; Palm oil would be phased out as biofuel feedstock in EU, U.S. soybean farmers could benefit — U.S. soybean companies could be the big winners if an upcoming European Union rule on sustainable biofuels goes through.
Palm Oil’s Loss May Mean U.S. Soybean Gain Via EU Biofuels Rule. Bloomberg When the commission proposes its rule, it could specify certain crops—such as palm oil—but allow exemptions where appropriate, or it could “focus on the areas that have a high risk of land-use change,” Klepper said. which also exports palm oil to the EU
palm oil Advanced BioFuels USA
Palm Oil’s Loss May Be U.S. Soybean Gain in EU Biofuel Rule (1) by Stephen Gardner (Bloomberg) European Union must propose rule on biofuel crops that cause deforestation or
Palm Oil’s Loss May Be U.S. Soybean Gain in EU MINIMUM BIOFUEL REQUIREMENTTRADE DISPUTE POTENTIALLIMITED INITIAL EFFECTS?SOYBEAN BOOSTThe requirement for an EU ILUC rule was triggered by a law on renewable energy, finalized last December, stipulating that the EU must meet at least 32 percent of its energy needs from renewable sources by 2030
Palm Oil: Good or Bad? healthline
Palm oil is a popular oil found in many foods. While it may have some health benefits, its production has major environmental and ethical concerns.
Palm Oil’s Loss May Be U.S. Soybean Gain in EU Biofuel Rule (1) by Stephen Gardner (Bloomberg) European Union must propose rule on biofuel crops that cause deforestation or other land-use change by Feb. 1; Palm oil would be phased out as biofuel feedstock in EU, U.S. soybean farmers could benefit — U.S. soybean companies could be the big
EU May Block Palm Oil From Biofuels Targets
Each year, palm oil production is responsible for 45 percent of the clearance of virgin forest, and 18 percent of conversion of “high carbon stock” wetland, according to a Feb. 8 draft law from the European Commission, the EU’s executive arm. Any biofuel source that leads to more than 10 percent of the annual clearance or conversion of
Biofuel sustainability: Review of implications for land use and food price One of the major forces through wh ich the biofuel may contribute Impacts of the EU Biofuel T arget on
- What are the economic implications of oil palm and soybean import restrictions?
- Moreover, they could result in negative economic implications for producers and consumers. We quantify future emissions and economic implications of oil palm and soybean import restrictions. Current EU restrictions are likely to have minimal impact due to the EU’s otherwise small and declining share of global palm and soy demand.
- Is palm oil a high-induced land-use change biofuel?
- As of 2022, both palm and soybean oil have been designated as high-induced land-use change (ILUC) biofuels, and the EU has set targets to phase out their use by 2030 13.
- Do palm and soy trade restrictions affect land-use change and Luc emissions?
- Meanwhile, several global economic modeling studies 26, 27, 28, 29, 30, 31 (Table S2) have dynamically evaluated the impacts of either palm or soy trade restrictions individually on land-use change and LUC emissions, especially in key export producer regions.
- Will soy oil be a biofuel?
- The European Parliament’s industry committee voted Wednesday (13 July) to restrict soy oil as a feedstock for biofuel production, a move that would put the crop on the same footing as palm oil in the EU.
- Does the EU use palm oil for biofuels?
- Since 2021, EU use of palm oil for biofuel production has been on the decline and is expected to drop further. In 2021, biofuels use was estimated at 2.63 million MT, in 2022 at 2.31 million MT, and in 2023 at 2.17 million MT.
- How will the new palm oil regulation affect the EU?
- The Regulation may impact palm oil supply to the EU and bring about legal and reputational risks for operators and traders that are in breach of the new rules. In contrast to voluntary industry commitments, the law provides a stronger legal basis for enforcing zero- deforestation commitments.
