# FEATURE: Palm oil Helps Wean Economies from Pollutive Fossil Fuels - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)

> Gapki's feature article, published around COP28 in Dubai, argues that palm-based biofuels such as biodiesel and bioavtur can help replace fossil fuels. It cites Indonesia's emissions targets and the government's energy transition program. The article is a promotional piece rather than a new policy action.

- Date: 2023-12-01 · published 2023-12-01T12:00:00.000Z
- Category: policy · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/15683-feature-palm-oil-helps-wean-economies-from-pollutive-fossil-fuels-gabungan
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Continued government support for palm biofuels underpins long-term domestic palm demand, which is supportive for prices. The article itself does not announce a new measure.

## Read by commodity

- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2020-11-05 | [Palm Oil Industry Helps Realize Energy Mix Target - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)](https://feedsoft.ai/events/50046-palm-oil-industry-helps-realize-energy-mix-target-gabungan-pengusaha-kelapa.md) | +7.5% | +10.7% |
| PALMOIL | 2023-12-20 | [GAPKI: Biodiesel Incentive Stabilizes Palm Oil Prices - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)](https://feedsoft.ai/events/15684-gapki-biodiesel-incentive-stabilizes-palm-oil-prices-gabungan-pengusaha-kelapa.md) | +0.4% | +2.1% |
| PALMOIL | 2021-06-24 | [Palm Oil Export Durty Reviewed - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)](https://feedsoft.ai/events/46457-palm-oil-export-durty-reviewed-gabungan-pengusaha-kelapa-sawit-indonesia-gapki.md) | +0.5% | +8.4% |
| PALMOIL | 2021-07-02 | [Government Revises Down Palm Oil Export Duty - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)](https://feedsoft.ai/events/45937-government-revises-down-palm-oil-export-duty-gabungan-pengusaha-kelapa-sawit.md) | +3.7% | +9.7% |
| PALMOIL | 2021-10-29 | [RI-Malaysia Strengthens Bilateral Ties On Palm Oil - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)](https://feedsoft.ai/events/44420-ri-malaysia-strengthens-bilateral-ties-on-palm-oil-gabungan-pengusaha-kelapa.md) | +1.9% | -0.1% |

## Sources

- gapki.id: https://gapki.id/en/news/2023/12/01/feature-palm-oil-helps-wean-economies-from-pollutive-fossil-fuels/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.