Status of Algae Biofuel Industry at Philippines

Status of Algae Biofuel Industry at Philippines

Why Phillipines?

Philippines is one country which does a lot of work in biotech industry, specifically in agricultural biotechnology. The Philippines was the first country in Asia to approve the commercial cultivation of a genetically-modified Bt corn variety in December 2002. The country has so far approved 41 varieties of genetically-modified plants for use in the country. In the Philippines, There are several research institutions which work on developing transgenic crops for food. Some notable institutes are:

Economy, Ben Bernanke

To avoid large and unsustainable budget deficits, the nation will ultimately have to choose among higher taxes, modifications to entitlement programs such as Social Security and Medicare, less spending on everything else from education to defense, or some combination of the above.

- Ben Bernanke, Speech given on Apr. 7, 2010 to the Dallas Regional Chamber of Commerce, "Economic Challenges: Past, Present and Future"

대규모 불안정한 재정 적자를 피하기 위해서는 정부는 궁극적으로 높은 세금, 사회보장과 보건 같은 복지 프로그램의 조정, 교육에서 국방까지 모든 분야에서 지출 삭감을 선택 하거나, 아니면 위에 언급한 것들을 같이 사용해야 합니다.

- 벤 버냉키