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Monday, March 24, 2008
In news from the Dominican Republic, the government has given the go ahead for the sale of gas mixed with ethanol. The historic decision was taken as part of bids to reduce the country's gasoline bill and shield the Dominican economy against the effects of high oil prices on the world market. Authorities say that this step will cut the country's fuel bill by at least 30 percent. The government ha also signed an agreement with sugar companies Central Romana and Grupo Vicini to build an ethanol plant capable of producing 50 million gallons yearly. Industry and Commerce Minister Melanio Paredes also revealed the governments plan to install "intelligent traffic lights,'' which he said are designed to run on around 10 percent of the energy used by normal traffic lights.
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