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Legal changes could spur energy savings.

Bangkok Post (Bangkok, Thailand)

| November 07, 2005 | COPYRIGHT 2005 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Nuntawun Polkuamdee

Nov. 7--Regulatory reform is needed to enable more venture capital companies to invest in local firms and projects, particularly in energy conservation.

National funds should also be established to help factories overhaul operations and upgrade technology, said Kunakorn Mackchaidee, president of the Thai Venture Capital Association.

Over 10,000 factories nationwide rely on costly fuel oil for their operations, especially the agribusiness sector, he said.

Encouraging factories to switch to alternative energy sources would not only help reduce operating costs, but would also benefit the entire country in terms ...

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