New biodiesel bid to reduce govt spending

New biodiesel bid to reduce govt spending

The Plantation Industries and Commodities Minister plans to propose the sale of biodiesel with less palm oil content to reduce government spending for the initiative, known as the B5 mandate.
Under the mandate, the government has set a January 2010 deadline to sell B5 biodiesel, a mixture of 5 per cent palm oil and 95 per cent diesel.

If the government sticks to B5, it will have to spend about RM250 million that is needed by the industry to blend the mix and distribute it to petrol stations.
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