Migz Zubiri: Strengthen alternative fuels such as Biofuels and E-Vehicles
Senate Majority Leader Juan Miguel Zubiri is pushing to suspend fuel excise tax, in the midst of skyrocketing fuel prices sparked by Russia’s war on Ukraine. Further, he is calling for stronger implementation of the Biofuels Act, as an option for alternative fuels.
“With these prices, we should consider the temporary suspension of the fuel excise tax to give our people some welcome respite from the weekly increase of fuel,” said Zubiri. “Especially PUV operators and drivers, who are still trying to recover from the pandemic.”
“Just when the economy is beginning to open back up and they finally have a chance to recoup, here comes an oil price surge to kill their momentum.
“But suspending excise tax is a short-term solution. We need to think long-term, to avoid coming to another si...