DoE draws up ‘more realistic’ biofuel plan
Philippine Daily Inquirer - Business
By: Amy R. Remo
1:00 am
Monday, June 11th, 2012
The Department of Energy is drafting a revised five-year biofuel program to increase by 2030 the blend of ethanol in gasoline to 20 percent (E20) from the current 10 percent, and of coco-methyl ester (CME) in diesel products to 10 percent (B10) from the current 2 percent.
Energy Undersecretary Jose M. Layug Jr. said that under the new biofuel plan, the government would set realistic targets and outline the programs that needed to be implemented to attain its goals.
“Originally, when we passed the Biofuels Act in 2006, we said we would target to be the number one producer of biofuels. More than five years later, we are hardly producing ethanol. So we revisited our biofuels program, we looked at some of the issues and problems of the industry, and then set a new target for the next five to 10 years,” Layug explained.
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