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Asian Development Bank providing $300M towards replacing 100K gasoline trikes with E-Trikes in the Philippines; $300M for major road upgrades in Chhattisgarh, India

Green Car Congress

DECEMBER 11, 2012

The Asian Development Bank (ADB) is providing $300 million towards a project that will replace 100,000 gasoline-burning tricycles in the Philippines with electric tricycles, or E-Trikes. Without intervention, the Philippines is on a course to almost quadruple CO 2 emissions in less than 25 years, the ADB said.

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Philippines India Gasoline Gasoline-Electric 277
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Saudis Expand Price War Downstream

Green Car Congress

JULY 28, 2015

Along with acquiring a controlling stake in Korea’s S-Oil, the desert kingdom is commissioning a new refinery in Jizan which would have a capacity of around 400,000 barrels per day when it begins operations in 2017. In fact, at $5.60 Indian refiners are now buying more crude oil from Nigeria, Iraq, Venezuela and Mexico.

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Saudi Arabia Price Oil India 150
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