Coco industry backs hike in CME blend | VG Cabuag

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The local coconut industry has thrown its support behind the government’s move to increase the coco biodiesel fuel content to 5 percent from the current 2 percent this year, as this will both help the farmers and reduce the country’s carbon footprint.

According to computations, increasing the blend to 5 percent, means an additional 21.7 billion coconuts harvested and sold for the full-year.

For the jeepney and truck drivers, the increased blend will allow them to drive 6 percent farther in average traffic, compared when using the 2 percent blend. “Coco biodiesel helps our farmers, bolsters the economy, and even reduces air pollution that kills or debilitates so many of our people.” This will somehow offset the increase in fuel prices due to the shift to B5, but the cleaner burn also helps declog diesel engines and fuel lines, and decreases maintenance costs, he said.

“It only takes the National Biofuels Board to convene and make the decision. Biofuels have been part of the Philippine Energy Plan all along. The time to act is now so the benefits can be enjoyed by Filipinos now.”

 

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Help the farmers but sacrifice the commuters. Biodiesel is less efficient energy wise and cost a lot more. It will increase diesel cost. Otherwise it would have been already implemented in the past. Government is already struggling with high petro price.

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