FEATURE: Thailand’s biofuel subsidy navigates EV threat amid E20, feedstock, SAF transition

Thailand recently extending its biofuels mandate is expected to bolster current feedstock demand and fuel infrastructure while facilitating a long-term transition to sustainable aviation fuel, even as the country’s biofuels sector faces challenges from the increasing adoption of electric vehicles, according to market sources and traders. The cabinet extended subsidies on biofuels by two years with the new sunset on…Thailand recently extending its biofuels mandate is expected to bolster current feedstock demand and fuel infrastructure while facilitating a long-term transition to sustainable aviation fuel, even as the country’s biofuels sector faces challenges from the increasing adoption of electric vehicles, according to market sources and traders. The cabinet extended subsidies on biofuels by two years with the new sunset on…Read More