Thailand's Biofuel Subsidy Navigates EV Threat Amid E20, Feedstock, SAF Transition
by Samyak Pandey and Prishitha Kandasamy (S&P Global) Extends biofuel subsidies to September 2026; Targets 8% sustainable aviation fuel by 2036; Electric vehicles pose risks to biofuel demand -- Thailand recently extending its biofuels mandate is expected to bolster current feedstock demand and fuel