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41<br />
8.<br />
BIOFUEL ISLANDS.<br />
‘WE ARE PRODUCING<br />
THE FUEL OF THE FUTURE’<br />
The Philippines, with 7,000+ islands, is perfect for<br />
growing biofuel crops such as sweet sorghum,<br />
sugarcane and cassava, the planting sites including<br />
the drylands, wetlands, infertile soils. We Filipinos<br />
just have to invest on her. To begin with, Chris de<br />
Lavigne, Global Vice President of US-based Frost & Sullivan,<br />
says the Philippines is now ‘one of the most attractive investment<br />
sites for biofuels projects’ (asianjournal.com). He cites ‘strong<br />
government support’ as well as the Biofuels Act as reasons for his conclusion. Philippine<br />
policies on biofuels are ‘better than in other countries.’ He adds the ‘strong foresight and<br />
management’ of the Philippine National Oil Company (PNOC)-Alternative Fuels Corp (AFC)<br />
and its advocacy of biofuels in the Philippines as a plus factor. On his part, AFC Chairman<br />
Renato Velasco says, ‘We are producing the fuel of the future.’<br />
Fuel for cars, mostly. Although, if they do it right, it could very well be fuel for the economy of these islands, and<br />
they would indeed be the Pearls of the Orient Seas. Right now, the fuel of today, gasoline, is guzzling the country’s<br />
liquidity like a hungry giant C monster – C for capacious. We are captives of the petroleum cartel; it is true that<br />
fossil fuels do a prison make.<br />
Another news source reports that AFC has signed a US$1.3b deal with UK-based NRG Chemical Engineering to build<br />
biofuel refineries with associated plantations in the Philippines (planetark.org). AFC President Peter Abaya says<br />
they are planning to plant more than 1M hectares of jatropha alone, for biodiesel.