In a letter obtained by the Inquirer, Coca-Cola chief financial officer Gareth McGeown asked the Department of Finance (DOF) last month to slash the tax rate for beverages using HFCS
to P6 a liter from the current P12 a liter so it could abandon using 100-percent sugar.
With this move, the government is planning to bring NBFCs, HFC
and listed companies at par with the Banking companies and All India Financial Institutions.
Now, the HFCs
have been cautioned against funding developers promoting subvention schemes.
"If carbon dioxide has a GWP of 1, HFCs
has more or less 15,000," he said.
Under the Amendment, Montreal Protocol parties are required to gradually reduce HFC
use by 80-85 per cent by the late 2040s.
Like the CRA in the United States, the Maize Food and Chemical Derivatives Industry (IDAQUIM)--the industry group that safeguards the interests of HFCS
producers in Mexico--indicated that Mexico's two wet milling plants for HFCS
are operating at full capacity (Flores and McLeod, 2017).
According to the Associated Press, it caps and reduces the use of HFCs
in a gradual process beginning in 2019 for developed countries like the United States, the world's second-worst polluter.
Under the Kigali amendment, HFCs
will now come under the ambit of the Montreal Protocol.
contains about 45% glucose and 55% fructose.
After acclimation for 1 week, the rats were randomly divided into three groups (six rats in each group): control; HFCS
(30%, 6 weeks with drinking water), and HFCS
(30%, 6 weeks with drinking water) + CAPE (50 micromol/kg, i.p.
Beverages with 0 percent HFCS
were sweetened with aspartame.