UN-backed study urges Philippines to impose carbon charge on fossil fuels, protect electricity consumers | ||
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The Philippines should consider imposing an initial carbon charge on fossil fuels, electricity, and selected industries while preparing a mandatory emissions trading system, according to a new United Nations (UN)-backed policy paper that also called for safeguards to protect consumers from higher energy costs. Read more | ||
Increased Malampaya gas use helps cut power generation costs, lower electricity bills | ||
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Prime Energy President and Chief Executive Officer (CEO) Donnabel Kuizon Cruz told reporters on Thursday, Nov. 12, that a 17-percent increase in average Malampaya gas utilization has helped bring down generation costs for gas-fired power plants. Read more |
