Newgen Electric Technologies Inc was able to acquire a letter of endorsement from the Dept of Energy Secretary, Jose Rene Almendras, requesting for tax free importation from the Department of Finance of an Electric Bus that will serve as a proof of concept for those who want to invest in the said vehicle.
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Hands down Carlos Ghosn of Nissan/Renault is the Steve Jobs of the Car industry. Because he has the vision and the drive to change the world like the late Steve Jobs did. And that he is doing by introducing the Nissan Leaf. Electric Cars have long been in existence but it never really took off because of the ease of use and adoption of the oil powered engine.
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Senate Bill 2856 sponsored by Senator Ralph Recto calls for fiscal incentives to be given by the government to importers, manufacturers and users of Alternative Fuel Vehicles (AFV). In his sponsorship speech he pointed out the irony that Alternative Fuel Vehicles were much more expensive to buy than traditional fossil fuel powered vehicles. Which could be attributed to the high cost of the technology because of the low adoption rate (because of its high selling price) and because of the taxes imposed on the said vehicles which does not differentiate between traditional vehicles and AFV’s.
AFV’s were defined as those being powered by non-traditional fossil fuel sources such as electricity, natural gas, etc or those using hybrid technology which uses both electricity and gasoline to run.
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The Department of Energy (DOE) announced that they are abandoning the research of Jatropha as a feed in stock for the production of Biodiesel. PNOC-Alternative Fuels Corp. (PNOC-AFC), the Government unit that was tasked to research on the viability of the hardy plant commonly used for fencing off a property in the countrysides has been directed to concentrate instead on developing cassava and sweet sorghum (for bioethanol).
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Dept of Energy (DOE) Undersecretary, Jay Layug, announced that they are working on an agreement for the transfer of the Pilipinas Shell Petroleum Corp’s (PSPC) Laguna Compressed Natural Gas (CNG) station to the PNOC-Exploration Corp (PNOC-EC). There are about 40 CNG powered buses in the country today with the the government hoping to have 1000 plying the streets in 3 years. One of the major problems voiced by the bus operators was the lack of CNG to power the buses.
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