In 2007, the Philippines passed Biofuels Act of 2006 which requires that all gasoline sold in the country in 2008 to contain at least 5% ethanol by volume. The objectives of the law are to reduce Philippine dependence on imported fuel, with its erratic fluctuations in prices, by providing local supply of alternative and renewable energy sources. Successful implementation of this law depends on how well the country's agricultural sector will respond. In this regard, the Department of Agriculture commodity strategy development. "Hide
by Ari with Luis. Halos Source: University of Hong Kong, 27 pages. Publication Date: February 5, 2008. Prod. #: HKU718-PDF-ENG