Word: dieselization
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...conduct an analysis of the impact of higher fuel costs on the subsidy policy and the 2005 budget. If the subsidies seriously burden the budget, then I will set new policies that might affect the price of certain fuels, particularly those not consumed by the poor. Kerosene and diesel would still be subsidized, while premium gasoline would no longer be subsidized. Clearly our budget has to be fiscally sustainable, but the poor also need to be protected. Whatever the policy taken, the poor will be protected...
...review the 2005 budget. If the high price of fuel seriously burdens the budget in terms of subsidies I will have to set a policy for the future. That policy might affect the price of certain fuels, particularly those that are not consumed by the poor. Kerosene and diesel would still be subsidized, while premium gas would no longer be subsidized. After I've received reports on this in the next few days and if I choose to go with the policy that the price of premium gas has to be raised, we will then decide by how much...
...mission to reduce its dependence on oil and diversify its energy supplies. While a few hinterland villages are warming up to compost-fueled stoves and solar-powered ovens, most of the country still relies on industrial-age resources such as coal (to produce electricity) and low-quality gasoline and diesel (to power the nation's transport systems). But alternative energy sources are under development...
...AUTO INNOVATIONS: By 2010, gasoline and diesel for cars, trucks and buses are expected to account for nearly half of the country's oil demand. China is beginning to respond. Last month, Beijing approved its first fuel-efficiency standards for passenger vehicles, which will begin to take effect in 2005 and will be more stringent than those in the U.S. Last month Toyota announced plans to manufacture the Prius, its hybrid gasoline-electric car, in China, where it hopes the clean vehicle will find a significant market. Beijing's government, meanwhile, is working to develop electric cars before...
...pollution emissions have dropped 7.8% since 2000, thanks mainly to enforcement of Clean Air Act standards passed before Bush took office. He did introduce rules to clean up off-road diesel-powered vehicles like farm tractors and bulldozers. Critics say the drop in water-quality complaints reflects laggard enforcement: criminal water-pollution prosecutions are down 28% since 2001. In 2002, Bush signed a law aimed at revitalizing abandoned urban industrial sites...