The research evaluates the economics of the Philippine alcogas and
cocodiesel fuel programs. It examines the social cost-benefit as well as cost
effectiveness of the different projects of the programs, and determines the
conditions and policies that would significantly affect their economic desirability.
In particular, the comparative advantage of the alternative fuel sources
vis-a-vis imported petroleum is highlighted. The implication of prices particularly
fuel and raw material feedstocks on the competitiveness of alternative
energy sources is assessed under various simulated settings. The main conclusion
of the study indicates that alcogas and cocodiesel fuels are prominently
non-competitive against the conventional energy fuels. In all, the alcogas and
cocodiesel programs look economically unattractive under the prevailing
economic conditions
