Phillipine government projects P1.3-B savings with biofuels

The Phillipine government projects a savings of $26-million or about P1.3-billion worth of fuel imports with the initial implementation of the 2006 Biofuels Act.

President Gloria Macapagal-Arroyo has signed into law in January 11, 1007 Republic Act 9637 or the Biofuels Act, which requires vehicle manufacturers and owners as well as oil companies to use fuels diluted with sugar or starch-derived alcohol to reduce the country’s dependence on imported fuel and promote cleaner air.
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