Some P500-million fund is now available to help the transport sector to convert diesel-fed engines into liquefied petroleum gas (LPG) capable machines. This is in accordance with the government’s “green agenda”
Presidential Management Staff (PMS) Director General Hermogenes Esperon disclosed that the release of this fund is in line with President Gloria Macapagal-Arroyo’s advocacy to combat climate change by instigating measures to bring down pollution by cutting down the production of greenhouse gases of which carbon emissions from automobiles is a leading producer.
He said that the release of the fund “is actually in accordance with our “green agenda,” and one of the recommendations in our weekly global resiliency impact monitoring program which pushes for the construction of more Green buildings and materials recovery facilities to combat pollution”.
Esperon said the fund is sourced from the Motor Vehicle User’s Charge (MVUC), also known as the Road User’s Tax.
The PMS head explained that the collections go to a special fund administered by the Road Board which the Secretary of Public Works and Highways chairs, emphasizing that the P500-million will now be loaned out to transport cooperatives or individuals for the conversion of diesel engines “so that they could use alternative fuels such as LPG”. (PIA)
