South African Cabinet approves biofuels regulatory framework

In South Africa, the Cabinet approved the Biofuels Regulatory Framework, which will give effect to the implementation of the Biofuel Industrial Strategy. The framework provides five areas to be regulated namely:

• The feedstock Protocol. The protocol mitigates the risk of the biofuels program towards food security.
• The mandatory blending regulations so as to create certainty of biofuels demand.
• The cost recovery mechanism for blending of biofuels.
• The Biofuels subsidy mechanism for biofuels farmer support and biofuel manufacturer’s support.
• The selection criteria for biofuel projects requiring a subsidy