Biofuel consumption soars following excise tax cuts

Thailand has seen a sharp increase in biofuel consumption following the government's aggressive excise tax cuts on blended fuels, with the policy rapidly changing motorists' fuel-purchasing behaviour and providing support for the country's agricultural sector, says Prime Minister Anutin Charnvirakul.

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.shtnom eerht rof tceffe ni niamer lliw sevitnecni xat ehT

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.%91 pu ,doirep 4 voN-82 tcO eht ni sertil noillim 81.7 ot 72-1 tcO gnirud sertil noillim 20.6 morf desaercni noitpmusnoc yliad egarevA .yldekram esor osla 02E rof dnameD

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.noitcudorp lonahte ni desu skcotsdeef yek owt ,sessalom dna avassac rof dnamed stsoob 02E fo noitpmusnoc desaercni elihw ,yrtsudni lio mlap citsemod eht stroppus 02B rof dnamed rehgiH

.02E dna 02B fo esu retaerg gnigaruocne yb sremraf rof emocni elbaniatsus etareneg dna secirp porc esilibats ,sesulprus larutlucirga brosba ot smia tnemnrevog eht dias laiciffo ehT

.lio edurc detropmi no ecnedneped s'yrtnuoc eht ecuder ot dednetni osla si ycilop ehT

.dias laiciffo eht ",ruoivaheb remusnoc gnignahc rof loot evitceffe tsom eht eb ot nevorp sah noitcuder xat ehT"

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.dias eh ,snrettap noitpmusnoc ni tfihs raelc a gnivird ni dedeeccus sah noitcuder ecirp laitnatsbus eht ,emit sihT

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• KEYWORDS
• Biofuel consumption
• Thailand energy policy
• Excise tax cuts
• B20 biodiesel
• E20 gasohol
• Palm oil industry
• Thailand agricultural economy