EU’s Revised Renewable Energy Directive and Its Impact on Palm Oil
On 17 January 2018, European Parliament voted on the revision of the Renewable Energy Directive (RED).
The European Parliament seeks to reduce to zero by 2021 biofuels and bioliquids produced from palm oil in the calculation of the Member State’s consumption of energy from renewable energy sources.
"The vote of the European Parliament is a step in a complex legislative procedure. It does not constitute a final decision by the EU.
It aims at progressively replacing food based biofuels by more advanced ones for the purpose of accounting progress towards our domestic renewable energy targets.
Work will continue now towards eliminating discrimination amongst bio fuels as proposed by the European Commission and supported by the Council of Ministers.
We will also continue to engage with the relevant Malaysian authorities throughout this process. The EU remains open to Malaysian palm oil and is its second largest market".
María Castillo Fernández
Ambassador of the European Union to Malaysia
Kuala Lumpur, 18 January 2018
For more information please follow this link: https://eeas.europa.eu/sites/eeas/files/press_release_ep_vote_on_palm_oil_18.01.2018.pdf