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The Comparative Advantage of Using Electric Tricycle to Motorized Tricycle as a Public Vehicle

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The Comparative Advantage of Using Electric Tricycle to Motorized Tricycle as a Public Vehicle
Chapter 1

Problem and Its Setting

Background of the Study

“The atmosphere is already menaced: several harmful substances are changing their composition, with possible catastrophic consequences.” This is according to an article written by Dieter Schwab (2004). And this is also the reason why global warming or more-correctly climate change is a hot topic these days.

Needles to say, the main culprit allegedly for the acceleration of this global climate scenario is the unstoppable expansion of CO2 (Carbon Dioxide) emissions into the atmosphere. Carbon dioxide which is mostly emitted by the current polluting modes of public transportation is estimated to cause 60 percent of this warming phenomenon. Every time a person uses a gasoline in his car, Carbon dioxide is released. Every time a person becomes a passenger even just in tricycle transportation CO2 is created. (Tacio, H., Sun Star Davao, June 20, 2005). And it has been noted that carbon dioxide emission is expected to triple in the next 20 years coming mainly from the transport sector. That’s why sustainable transport and clean energy utilization are considered key measures that can help mitigate global warming as well as build more climate resilient communities.

In New Delhi, India, a statement from the India’s popular engineer who pioneered India’s first electric car: “With the growing climate change awareness, our world is at the tipping point for electric cars. Electric cars, as called in some other countries are the latest innovation in technology that is considered as the best solution to the many issues that the transportation machines are facing now-a-days. (www.mb.com.ph). Aside from carbon emission that making highly industrialized and greatly developed countries like China and US as the World’s biggest carbon emitter, transportation machines also face the issues of expensive consumption of fuels and high cost of maintenance. (France-Presse, A., Sunday Times, 2009)

In the

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