Can't find what you're looking for?
View all search resultsCan't find what you're looking for?
View all search resultsOn Dec. 20, the French National Assembly passed its Finance Bill. This would ordinarily be unremarkable and have little bearing on Indonesia.
n Dec. 20, the French National Assembly passed its Finance Bill. This would ordinarily be unremarkable and have little bearing on Indonesia.
However, the bill included a provision to remove a renewables subsidy applied to vegetable oils. But it was only removed from palm oil.
The subsidy’s removal of will increase the cost of palm oil for biofuels in France by around 30 to 40 percent, according to the amendment’s author, Bruno Millienne.
The Finance Bill will then be presented to France’s President Emmanuel Macron, who will sign the bill into law. The price change is scheduled to happen from Jan. 1, 2020 — nearly 12 months from now. Why have France’s lawmakers done this?
Share your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.
Thank you for sharing your thoughts. We appreciate your feedback.
Quickly share this news with your network—keep everyone informed with just a single click!
Share the best of The Jakarta Post with friends, family, or colleagues. As a subscriber, you can gift 3 to 5 articles each month that anyone can read—no subscription needed!
Get the best experience—faster access, exclusive features, and a seamless way to stay updated.