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Suddenly
biofuel
becomes main topic
It is encouraging to note that everybody seems to be focused now
on biofuel manufacture as the price of oil zooms upwards. Two senators
- Sen. Sergio Osmeņa and Sen. Mar Roxas, as well as Sen. Ralph Recto,
seem hell-bent on pushing through passage of the National Biofuel
Act in the Senate. We just hope that all these do not end in talk
but end up in concrete results.
Energy Secretary Raphael Lotilla announced Monday that Petron
is willing to sign a contract with any entity that will commit to
produce ethanol from sugarcane.
The caveat - "We are still looking for the legal framework
to provide stability for the industry."
The optimistic development is that the Senate is now in the
period of amendments to the proposed biofuels bill. Presumably that
will enable Sen. Recto to withdraw his opposition to tax breaks
since the price of oil had long breached the 40 dollar per barrel.
Recto is correct. Prices of ethanol closely track the price
of oil. This column had reported in the past adverted to this phenomenon,
especially how the world price of sugar parallel that of oil.
Negros Occidental Governor Joseph Maraņon added his voice
to the mounting call for the Senate to pass its version of the biofuels
act to pave the way for the immediate production of ethanol from
sugarcane.
The House had enacted last year the Bioethanol program bill
principally authored by Rep. Miguel Zubiri of Bukidnon. Zubiri earlier
this year deplored the slow action by the Senate on its counterpart
measure - the National Biofuel Act.
The San Carlos Bioenergy Inc. may soon embark on the manufacture
of Bioethanol which Petron had signed a memorandum of understanding
with to buy its entire ethanol production.
The latest development gathered by this column is the
Bronzeoak, the British investor in San Carlos Bioenergy Inc. has
already ordered its distilling machine from India. This was confirmed
by Luis Tongoy, chair of Confed Negros-Panay Chapter, who said he
had heard about that order from India which produces the equipment
cheaper than Brazil.
By mandating a 10 percent blend of ethanol with gasoline,
the country is expected to save $35 million from its oil import
bill.
Also the exploitation of jatropha oil into a biodiesel mix,
Presidential Assistant for Region VI Rafael Coscolluela said the
country can save more on dollar outflow for imported fossil fuel.
Well, we are crossing our fingers that all these talking activities
will convert into positive action soon.
About this time last year, several major investors in ethanol
had been coming to Negros to study the feasibility of ethanol production
here.
The number of interested investors had dwindled since then.
The main reason is the absence of the law. The main point, according
to Jose Villanueva of the First Farmers Milling, is that "we can't
invest so much P2-billion unless the market is assured and the other
parameters are clearly defined."
***
Bacolod athletic delegations seem to have earned a bad reputation
for not failing to live up to their contractual obligations to travel
agencies for their plane fares to the US.
This time, it was the Domingo Lacson National High School softball
team that missed its participation in the Senior League World Series.
The problem is that the DLNHS had yet to pay an outstanding
debt of P273,000 to the Jaunts and Journeys Travel Agency of Frederick
Pe. And that was for last year's trip yet.
DLNHS principal Esteban Albacea blamed the agency for having
set the wrong itinerary to the Little League Philippines so it could
release the financial aid from William Sports.
Anyway, that's water under the bridge. That promise that DLNHS
could have raised the money in the US to settle their debts with
the agency is lumang tugtugin after the scandals of the Paglaum
High School softball team last year.
Perhaps, these teams can put up a foundation or any other organization
that could handle its finances and not leave it to the athletic
officials to get engrossed in raising funds for such trips.
Otherwise, Bacolod teams can end up blacklisted by travel agencies
and others as not worth the fuss.
***
Everybody seems to be focused on preparing for next year's
elections even when that remains uncertain yet. A lot still depends
on the outcome of the Sigaw ng Bayan pushing through its proposal
for charter change through People's Initiative, as pointed out by
Gov. Maraņon.
And, if things clear up on whether the same Commission on Election
officials can handle the balloting with the conflict on the computerization
of the elections still hanging fire.
Meanwhile, the rules of the game insofar as the Bacolod polls
are concerned have been clearly explained by Maraņon. The district
head of the Nationalist People's Coalition is Mayor Bing Leonardia.
Which means that if former Bacolod police chief Vicente Ponteras
wants to be it, he must first join the party. And that more or less,
closes the door for his aspiration to take on Leonardia.
Simple, no!*
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