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Green transport think tank urges transition to zero-carbon transport amid fuel crisis


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Commuters queue for free bus rides from Philcoa to Cubao in Quezon City on March 30, 2021 due to limited public transportation amid the enhanced community quarantine.

The STAR / Miguel de Guzman, file

 

MANILA, Philippines — A green transportation think tank called for a transition from oil and gas production and a shift towards more viable zero-carbon options in the wake of the resulting oil price crisis.

 

In a statement sent to media, the Council for Decarbonising Transport in Asia said that the current fuel crisis exposed countries' vulnerabilities due to fuel importation restrictions, resulting in economic repercussions that also affected public transport supply on the roads.

 

“Russia’s invasion of Ukraine has put Asian countries in jeopardy, causing inflation and another round of price increases for fuel products. The Philippines’ inflation rate at 5.4% is at its highest in over three years. Oil prices soared by more than 6% in India, touching their highest since 2008. Vietnam’s petrol prices have reached a new record and marked its seventh price hike since April,” the council said.

 

Full Story: https://www.philstar.com/headlines/2022/07/04/2192962/green-transport-think-tank-urges-transition-zero-carbon-transport-amid-fuel-crisis

 

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-- © Copyright Philstar 2022-07-04

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