At the unveiling of a Compressed National Gas Station in Batangas. Philippine President Gloria Macapagal-Arroyo once again called for the Philippine Congress to work anew to pass the Renewable Energy Bill which is pending in the House of Representatives. Pointing out that the country needs this to stave off the impact of high oil prices on the Philippine economy as well as to fight the increasing pollution.
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The Philippine Biofuel Act of 2006 gives a lot of incentives via tax breaks and priority loan packages to biofuel producers and directly related industries. Specific Tax on the biofuel is zero while it is also exempted from the imposition of a 12% Value Added Tax. Waste from distilleries has been classified as “reuse” and will therefore not be required to pay wastewater charges. 

