Electric buses offer a way out of the transport chaos
Abstract
The 14th day of every month is a day all Kenyans have to hope against hope. They are all ears as the Energy and Petroleum Regulatory Authority (Epra) announces the monthly fuel price review, with the expectation of a reprieve from the ever-escalating costs. Rarely do prices come down, even marginally.
While hoping for a miracle one day, you’ll get reminded that there is a preferential VAT treatment on fuel that is not guaranteed to last. Worse still, there is a government subsidy that can be withdrawn at will.
But wait a minute, we have oil reserves in the country. The projection way back in 2012 when the discovery of oil reserves was announced was that Kenya would be an oil-rich country by this day. We live to wait for that day when we will have surplus oil production for use and export.
URI
https://www.businessdailyafrica.com/bd/opinion-analysis/columnists/electric-buses-offer-a-way-out-of-the-transport-chaos-3870282https://repository.kcau.ac.ke/handle/123456789/1388
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