Trading & Financial News
No Result
View All Result
Friday, September 12, 2025
  • Login
  • Economy
  • Markets
  • Forex News
  • Investing
  • Stock Trading
  • Crypto
Subscribe
Trading & Financial News
  • Economy
  • Markets
  • Forex News
  • Investing
  • Stock Trading
  • Crypto
No Result
View All Result
Trading & Financial News
No Result
View All Result
Home Forex News

UAE reveals details of national policy on biofuels

by Tradinghow
March 23, 2024
in Forex News
A A
0
UAE reveals details of national policy on biofuels
152
SHARES
1.9k
VIEWS
Share on FacebookShare on Twitter
https://primexbt.investments/start_trading/?cxd=459_549985&pid=459&promo=[afp7]&type=IB https://primexbt.investments/start_trading/?cxd=459_549985&pid=459&promo=[afp7]&type=IB https://primexbt.investments/start_trading/?cxd=459_549985&pid=459&promo=[afp7]&type=IB


Image:WAM

In a significant move towards sustainable energy practices, the UAE has announced the details of its National Policy on Biofuels, marking a pivotal step in the country’s journey towards clean and renewable energy sources.

Recently approved by the UAE Cabinet, the policy underscores the nation’s commitment to reducing carbon emissions and diversifying its energy mix.

Developed by the Ministry of Energy and Infrastructure (MoEI) in collaboration with strategic partners from both public and private sectors, the policy aims to provide sustainable fuel alternatives while fostering economic growth and environmental stewardship.

Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, emphasised the policy’s role in the UAE’s decarbonisation efforts.

He stated, “The policy will play an important role in our decarbonisation drive, contributing to reducing carbon emissions through increasing the consumption of biodiesel by 20 per cent by 2050.”

Highlighting the policy’s alignment with the UAE Energy Strategy 2050, Al Mazrouei emphasised its potential to enhance circular economy principles across various sectors, including infrastructure, mobility, and manufacturing.

Biofuels policy covers regulations and controls

The National Policy on Biofuels encompasses comprehensive regulations and controls overseen by MoEI to ensure the responsible distribution and utilisation of biofuels. It also establishes standards governing production and consumption, alongside criteria and mandates for domestic biofuel production.

Ali Khalifa Alshamsi, director general of the Emirates General Petroleum Corporation – Emarat – praised the policy as a strategic step towards supporting the UAE’s leadership in clean energy production and diversification.

Yousif bin Saeed Lootah, founder and CEO of Lootah Biofuels, hailed the policy as a game-changer for the energy sector, emphasizing its potential to foster a greener economy while addressing emissions reduction needs.

Salem Bin Ashoor, director and head of country, bp UAE, emphasised the critical role of biofuels in achieving global net-zero emissions goals. He expressed bp’s readiness to collaborate with partners to support the UAE’s energy transition agenda.



Source link

  • Trending
  • Comments
  • Latest
The Evolving International Cannabis Landscape

The Evolving International Cannabis Landscape

March 20, 2024
UK Faces Two Decades of No Earnings Growth and More Austerity

UK Faces Two Decades of No Earnings Growth and More Austerity

July 29, 2023
Uniswap Launches Permissionless Bridging Across 9 Networks

Uniswap Launches Permissionless Bridging Across 9 Networks

October 24, 2024
China tech groups lead multibillion-dollar campaign to help exporters sell at home

China tech groups lead multibillion-dollar campaign to help exporters sell at home

April 20, 2025
High Street Retailers Pin Hopes On Discount Splurge In Black Friday Fever

High Street Retailers Pin Hopes On Discount Splurge In Black Friday Fever

0
UK Faces Two Decades of No Earnings Growth and More Austerity

UK Faces Two Decades of No Earnings Growth and More Austerity

0
Learn how to trade. For beginners

Learn how to trade. For beginners

0
Trading for beginners

Trading for beginners

0
India’s Adani Bans Sanctioned Tankers From Berthing at its Ports

India’s Adani Bans Sanctioned Tankers From Berthing at its Ports

September 12, 2025
Client Challenge

Client Challenge

September 12, 2025
The T “Wealth Transfer” Coming for the Housing Market

The $84T “Wealth Transfer” Coming for the Housing Market

September 12, 2025
Fuel scarcity crisis averted as fuel depots in Africa’s largest market reopen

Fuel scarcity crisis averted as fuel depots in Africa’s largest market reopen

September 11, 2025

Recent News

India’s Adani Bans Sanctioned Tankers From Berthing at its Ports

India’s Adani Bans Sanctioned Tankers From Berthing at its Ports

September 12, 2025
Client Challenge

Client Challenge

September 12, 2025

Categories

  • Business
  • Crypto
  • Economy
  • Forex News
  • Investing
  • Markets
  • More
  • Stock Trading
  • Trading for beginners

Site Navigation

  • Home
  • Contact Us
  • Stock Trading
  • Markets
  • Investing
  • Other Links
  • Privacy & Policy
Trading & Financial News

We bring you the fastest breaking news on Trading, forex, and finance submitted from credible and reliable news sources around the world.

© 2023 Tradinghow Useful forex analysis and financial news, submitted by credible news sources around the world.tradinghow.

No Result
View All Result
  • Contact Us
  • Home
  • Economy
  • Crypto
  • Investing
  • Markets
  • Forex News
  • Stock Trading

© 2023 Tradinghow Useful forex analysis and financial news, submitted by credible news sources around the world.tradinghow.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In