PNOC-Alternative Fuels Corp recently signed an MOU with Korea Technology Industry(KTI) for the development of a Jatropha plantation and biodiesel refinery which is estimated to cost about $210 M. PNOC-AFC will be tasked to scout for the 75,000 ha of land to be used for the plantation. Acquisition and development of the 75,000 ha is estimated to cost $150 M while the biodiesel refinery is expected to cost $60 M.

PNOC-AFC will have a 20% share in the venture with the added benefit of no liabilities and financial obligations to the project.
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You think that with the entry of Typhoon season in the Philippines the country would be worried. The reality is that this year the Philippines is welcoming typhoons with open arms. Not because of the death and destruction that is usually brings, but rather for the strong rains that accompanies it.
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Just got an email from the Automotive X Prize Mailing list, giving an update on their status. According to them they have about 30 teams signed up already for the event.

Those teams are:
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So how effective is legislation in spurring public interest to a certain cause? Pretty much I guess, if we base it on web site metrics. I run a personal blog that I use to document events in the emerging Philippine Biofuel Industry. I started it last year around September. In my blog I started posting about “Green” events around the world, but the majority of my topic was on the progress of the Philippine Biofuels Bill in the Philippine Congress and Senate.
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