Palm fruit at a plantation in Indonesia. — AP
JAKARTA: Indonesia president-elect Prabowo Subianto hopes to implement mandatory 50% palm oil-based biodiesel blending by early next year, which he said would cut fuel imports by $20 billion per year.
Indonesia said last week it planned to raise the blending to 40% in January 2025, from the present 35% concentration, in an effort to reduce fuel imports and lower emission from fossil fuels.
