The gasoline and diesel subsidy in Trinidad and Tobago will be about $TT2.7 billion this year and the Government is looking at ways of reducing this subsidy, probably to reduce the national debt, and to pay off rich Clico investors who are itching to use their funds to buy more houses in Florida. The Government is proposing to reduce the fuel subsidy by encouraging the use of Compressed Natural Gas (CNG) once again. Personally, I think this is another pie-in-the-sky plan since CNG has failed to take off in Trinidad and Tobago every time a ruling regime tries to reintroduce its use despite the enormous potential for corruption in its implementation.
If the Government wants to reduce the fuel subsidy there are simpler and less corrupt ways to do it and those ways simply mean people should wake up and smell the lotus flower and drive smart. Driving smart will reduce fuel consumption which means less fuel to subsidize. To drive smart you only need to observe some simple guidelines as follows:
- Don’t drive aggressively or like an idiot. Accelerate slowly even in traffic and never cross the speed limit unless the perfect opportunity to tailgate a speeding ambulance arises. Some say you can improve your gas mileage by as much as 30% by following this rule. You will also be less likely to kill innocent people due to your natural born stupidity.
- Remove excess weight. This would mean not only to encourage your passengers to lose 50 pounds apiece but also the removal of things you mindlessly carry around in the trunk like Tiger Woods autographed golf clubs, wet Speedo swimming trunks and bikinis, crates of bananas, and scaffolding removed from the Gunapo Church site. Depending on the amount of weight you shed, you can improve mileage by 1 or even 2 percent.
- Avoid excessive idling. This would be near impossible if you are into URP, CEPEP, or work at any Government Office that interfaces with the public but every little reduction in idle time will help the economy.
- Buy cars with good fuel economy like the Toyota Corolla with a 1.5 cc VVT engine or the Honda Civic with a 1.6 cc iVTEC engine. There are many other cars with good fuel economy on the market locally but try to avoid those foreign-used cars since most dealers are not honest but have a talent for selling Eskimos ice and politicians corruption. Their public image of honesty can be very deceptive.
- Japanese Prius sales take a slide (businessgreen.com)
- Fossil-Fuel Subsidies Still Dominate (tnr.com)
- Fossil fuel subsidies “dwarf” support for renewables (businessgreen.com)
- Fossil fuel subsidies are 10 times those of renewables, figures show (jamblemag.com)
- Japan’s green-car subsidy comes to a halt; sales of subcompacts dip 12.2% (green.autoblog.com)