What strategy does a high-ranking official propose to reduce fuel prices while increasing prices for a specific energy source
The Air Marshal announces a decrease in ATF price while implementing an increase in commercial LPG prices.
- Implement a gradual decrease in Aviation Turbine Fuel (ATF) prices to reduce the operational costs for airlines and eventually lower airfare.
- Simultaneously increase prices for commercial Liquefied Petroleum Gas (LPG) to promote energy conservation and reduce reliance on this particular energy source.
- This strategy aims to balance the overall impact on the economy by providing relief in one sector (aviation) while increasing revenue in another (commercial LPG).
- It encourages conservation practices among consumers and industries using LPG, ultimately leading to a more sustainable energy consumption pattern.
- Additionally, the government can provide subsidies or incentives for the adoption of cleaner energy sources to mitigate the impact of the LPG price hike on consumers.
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8 months ago