Delays in renewable energy too costly — solon
08/13/2011Sen. Edgardo Angara reiterated his call on government to hasten efforts in implementing mechanisms for the promotion of a Renewable Energy (RE) industry in the Philippines.
Angara, chairman of the Congressional Commission on Science, Technology and Engineering (COMSTE), made the statement after the Energy Regulatory Commission (ERC) suspended its public hearing on the feed-in-tariff (FIT) rates petitioned by the National Renewable Energy Board (NREB), after it was discovered that NREB failed to publish the full proposal due to a lack of funds.
NREB Chairman Pedro Maniego, however, hinted that the deficiency may be resolved soon saying: “It’s good that the Department of Energy (DoE) will help us, as NREB itself does not have any budget.”
“With these delays, the window becomes narrower for our country to capitalize on the business opportunities presented by the global shift to renewables. Aside from the obvious environmental benefits of renewable energy, the government should also consider the large number of green jobs the industry could generate,” Angara said..... MORE
Source: The Daily Tribune
URL: http://www.tribuneonline.org/nation/20110813nat6.html
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