To encourage the manufacture, importation, and use of carbon-reducing vehicles, Sen. Francis “Kiko” Pangilinan has proposed to exempt electric and hybrid vehicles from taxes and duties for the next several years.
Carbon emissions raise temperatures globally and contribute to drastic changes in the climate. In the Philippines, vehicles contribute 36.1% of the total carbon dioxide emissions, and replacing 100,000 tricycles with electric and hybrid vehicles will reduce 260,000 tons of carbon dioxide emissions, as estimated by the Department of Energy.
“Climate change is upon us, and the Philippines is most vulnerable to it. Proposed solutions must involve most of us in our everyday lives,” Pangilinan said.
Almost half (47%) of the country’s population are in areas highly exposed to climate hazards such as earthquakes, tsunami, floods, tropical cyclones, and drought, he said citing the Global Peace Index 2019.
In Senate Bill 638, Pangilinan seeks to provide the following incentives for the use of environment-friendly means of public transportation:
“Like our other bills, this Senate Bill 638 is looking to the future. The climate crisis is real. And the Philippines is the most susceptible country to hazards brought about by climate change, according to scientists and experts worldwide,” said Pangilinan.
According to the bill’s explanatory note, this move is in line with the Philippines’ ratification of the Paris Agreement on Climate Change in March 2017, with the country committing to reduce its carbon emissions by 70% by the year 2030.
“The proposal is good not only for the environment, but also for our tricycle drivers. This is projected to increase the income of tricycle drivers by 30% because electric vehicles can carry more passengers and charging it is cheaper than fuel,” he said.