..... and make steps to energy security.
The Government has the power to save this industry relatively easily with bold, decisive and creative policy.... unfortunately something Jamaica is not known for.
Answer: Adopt (and adapt) Brazilian auto transportation policy... especially since the groundwork is already laid.
1. Mandate a ten year time period where say 75% of automobiles must be flex fuel to run on petroleum and pure or 85% ethanol.... either retrofitted or manufacturer supplied..provide 100% tax rebate on retrofitted flex fuel engines.
2. Heavily tax or ban importation of petroleum fuelled vehicles and provide zero or low import tax rating on flex fuel vehicles... Brazil is the best source of such vehicles
This will create a massive opportunity for not just saving but expanding the sugar industry via ethanol production AND save FX with the import substitution of petroleum.
Time for the get off its a$$ and find some creative solutions.
http://www.washingtonpost.com/wp-dyn...081900842.html
http://74.6.239.67/search/cache?ei=U...icp=1&.intl=us
The Government has the power to save this industry relatively easily with bold, decisive and creative policy.... unfortunately something Jamaica is not known for.
Answer: Adopt (and adapt) Brazilian auto transportation policy... especially since the groundwork is already laid.
1. Mandate a ten year time period where say 75% of automobiles must be flex fuel to run on petroleum and pure or 85% ethanol.... either retrofitted or manufacturer supplied..provide 100% tax rebate on retrofitted flex fuel engines.
2. Heavily tax or ban importation of petroleum fuelled vehicles and provide zero or low import tax rating on flex fuel vehicles... Brazil is the best source of such vehicles
This will create a massive opportunity for not just saving but expanding the sugar industry via ethanol production AND save FX with the import substitution of petroleum.
Time for the get off its a$$ and find some creative solutions.
http://www.washingtonpost.com/wp-dyn...081900842.html
http://74.6.239.67/search/cache?ei=U...icp=1&.intl=us
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