Does Biofuels cost outweighs benefit?
The Internal trade has allowed the price to gradually rise to Baths 50 (US$ 1.5) by the end of the year. The price rise, however, does not solve all the cooking oil dilemmas. There is a real fear of shortage supply too. Demand for cooking oil for car fuel has increased significantly due to the rise of oil price and green house emission. Thailand may have to switch her position as a net exporter to importer of crude palm oil. Thailand will import 30,000 metric tons of palm oil over the next few months (February – April 2008) to ease fears of a shortage due to its growing use in biofuels, commerce minister Krirk-Krai Jirapaet said Wednesday. Worries over a possible shortage had also led to calls for Thailand to ban exports of palm oil to ensure enough supply for domestic cooking oil needs as well as its growing use as an ingredient in biodiesel. The high price and shortage of cooking oil suffer not only Thai; it affects animals’ diet as well. Animal feeds of all kinds from boar of the la
