Tuesday, April 05, 2005

The Philippines is into energy conservation mode

The Philippines is into energy conservation mode. Aside from the 4 day work week, the private sector is enticed to shift working hours to the evening via the price of time formula which according to energycentral, “time-of-use pricing formula which offers cheaper rates for electricity purchased at night until early morning when electricity demand is at its lowest.” Aside, to promote the use of alternative energy some 200 buses will be on the road using compressed natural gas. There are also reports that the government will be employing new traffic management scheme as well as a possible increases on vehicle taxes.

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