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Plantation: Malaysia unhappy with EU green directive for palm oil.

Malaysia is unhappy with the EU Renewable Energy Directive (EU RED) which assigned a much lower value of 19% greenhouse gas (GHG) emission savings to palm oil, as this can disqualify the commodity as a biodiesel source for use in Europe, said Malaysian Palm Oil Council (MPOC) chairman Datuk Lee Yeow Chor. Malaysia would be looking at laying the foundation for palm oil to qualify as an advanced biofuel source in the United States under its Renewable Fuels Standards 2 or RFS2, he added. (Source: The Malaysian Reserve)