By Danessa Rivera (The
Philippine Star) | Updated March 5, 2016 - 12:00am
MANILA, Philippines - After missing
its target implementation for the five percent blended biodiesel (B5), the
Philippines will start the study on a new roadmap for biodiesel oil to
determine supply and demand as well as its impact on prices.
The Department of Energy (DOE) has
engaged University of the Philippines-Los Banos (UPLB) economics professor
U-Primo Rodriguez to do the impact study of biodiesel in the country, DOE
Secretary Zenaida Monsada said on the sidelines of Shell’s Energy Forum
Powering Progress Together Asia.
“We just signed the contract for the
consultant to undertake the study last week,” she said.
The study was originally scheduled
to start last year but the consultant was then engaged in another project
outside of the country, she explained.
In February 2015, the National
Biofuels Board (NBB) commissioned UPLB to do further study on the impact of the
higher blended biodiesel on the coconut industry to ensure farmers would
benefit from the B5 implementation.
The NBB is composed of
representatives of the energy, agriculture, agrarian reform, science, labor and
environment departments, the Philippine Coconut Authority and the Sugar
Regulatory Administration.
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