impact cdie united states agency for international development evaluation 1996 number 4 pn aby 206 energy conservation in the philippines designed on heels of 1979 oil crisis a usaid management project was implemented 1986 when conditions were less auspicious prices had dropped and political upheaval despite these drawbacks succeeded generating savings cutting pollution s 27 million six year technology transfer n helped 17 participating companies save 1 9 worth set up 2 loan fund that completely loaned out repaid built institutional capacity public sector achieved 19 5 percent economic rate return conservatively estimated several factors inhibited even greater success by almost half government policy favored industrial users taxing fuel at lower than other petroleum based products saving technologies not widely marketed so few replicated authors donald g mcclelland team leader david hess environmental specialist india mike jones economist alternatives inc
