As Ukraine war threatens food supply, Asia needs to rethink biofuel push

As food commodity prices surge at the fastest pace in a decade, experts are warning that policymakers in Asia and elsewhere will soon have to grapple with urgent questions about the use of biofuels.Countries around the world, from the United States, China, Malaysia and Indonesia all have what is known as a biofuel mandate – where the government requires refiners to blend certain biofuels such as corn-based ethanol, soy-based diesel, palm oil biodiesel and other biofuels into fuel each year or…

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